Print and Reset Form
Reset Form
TAXABLE YEAR
CALIFORNIA FORM
Partnership Return of Income
2007
565
For calendar year 2007 or fiscal year beginning month _______ day ______ year _______, and ending month _______ day _______ year _______ .
A principal business activity name
partnership name (place label within block or type or print)
Check box if name changed
D FEiN
(same as federal)
E Date business started in California
DBA
B principal product or service
(same as federal)
Address (including suite, room, po Box, and pMB no .)
F Enter total assets at end of year .
See instructions .
C principal business activity code
City
State Zip Code
$
(same as federal)
I Check applicable box
(1)
initial return
H Secretary of State (SoS) file number
G Check accounting method:
(2)
FINAL
(3)
Amended
(1)
Cash
(2)
Accrual
(3)
other (attach explanation)
RETURN
return
Caution: include only trade or business income and expenses on line 1a through line 22 below . See the instructions for more information .
00
a Gross receipts or sales $ ____________ b Less returns and allowances $ _____________ . . . . . c Balance
c
00
2 Cost of goods sold (Schedule A, line 8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
3 GroSS proFit . Subtract line 2 from line 1c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
00
Income
00
4 total ordinary income from other partnerships and fiduciaries . Attach schedule . . . . . . . . . . . . . . . . . . . . . . . .
4
00
5 total ordinary loss from other partnerships and fiduciaries . Attach schedule . . . . . . . . . . . . . . . . . . . . . . . . . .
5
00
6 total farm profit . Attach federal Schedule F (Form 1040) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
7 total farm loss . Attach federal Schedule F (Form 1040) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7
00
00
8 total gains included on Schedule D-1, part ii, line 17 (gain only) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
00
9 total losses included on Schedule D-1, part ii, line 17 (loss only) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9
00
0 other income . Attach schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0
other loss . Attach schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
00
00
2 Total income (loss) . Combine line 3 through line 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
00
3 Salaries and wages (other than to partners) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
00
4 Guaranteed payments to partners . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
5 Bad debts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
00
Deduc-
00
tions
6 Deductible interest expense not claimed elsewhere on return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
7 a Depreciation and amortization . Attach form FtB 3885p $ ______________
00
b Less depreciation reported on Schedule A and elsewhere on return $ ________________ . . . . . c Balance 7c
Enclose,
but do not
8 Depletion . Do not deduct oil and gas depletion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
00
staple, any
00
9 retirement plans, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9
payment
00
20 Employee benefit programs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
20
00
2 other deductions . Attach schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
22 Total deductions . Add line 13 through line 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
00
23 ordinary income (loss) from trade or business activities . Subtract line 22 from line 12 . . . . . . . . . . . . . . . . . . 23
00
00
24 Tax — $800.00 (LPs, LLPs, and REMICs only). See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Pay-
00
25 Nonresident withholding credit ($800 maximum) . See instructions . . . . . . . . .
25
ments
26 Amount paid with extension of time to file return (form FtB 3538) . . . . . . . . . .
26
00
00
27 Total payments . Add line 25 and line 26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
27
00
28 tax due . if line 24 is more than line 27, subtract line 27 from line 24 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
28
00
29 Use Tax. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29
Amount
Due or
.
00
,
,
30 Refund . if the total of line 24 and line 29 is less than line 27, subtract the total from line 27 . . . . 30
Refund
00
3 penalties and interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
32 Total amount due . Add line 24, line 29, and line 31, then subtract line 27 from the result .
.
00
,
,
Make the check or money order payable to the Franchise tax Board . . . . . . . . . . . . . . . . . . . . . . . 32
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true,
Please
correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Sign
Telephone
Here
(
)
Signature of general partner
Date
Paid Preparer’s SSN/PTIN
Paid
Date
Check if
Preparer’s
Paid
self-employed
signature
Prepar-
Telephone
FEIN
Firm’s name (or
-
er’s Use
yours if self-
Only
(
)
employed)
and address
Form 565
2007 Side
3661073
C1
For Privacy Notice, get form FTB 1131.