YEAR
Partner’s Share of Income,
CALIFORNIA SCHEDULE
1998
Deductions, Credits, etc.
K-1 (565)
For calendar year 1998 or fiscal year beginning month _______ day ______ year 1998, and ending month _______ day ______ year _______
Partner’s identifying number
Partnership’s FEIN
Partner’s name, address, state and ZIP Code
Secretary of State file number
Partnership’s name, address, state and ZIP Code
•
A Is this partner a:
(1)
general partner; or (2)
limited partner?
E Partner’s share of liabilities:
•
•
B What type of entity is this partner?
Nonrecourse . . . . . . . . . . . . . .
$
|
•
Qualified nonrecourse financing . . . .
$
|
(1)
Individual
(5)
General Partnership
(8)
LLC
•
(2)
S Corporation
(6)
Limited Partnership
(9)
IRA/Keogh/SEP
Other . . . . . . . . . . . . . . . . . .
$
|
(3)
Estate/Trust
(7)
LLP
(10)
Exempt Organization
F Tax shelter registration number
(4)
C Corporation
•
G (1) Check here if this is a publicly traded partnership
C Is this partner a foreign partner? . . . . . . . .
Yes
No
as defined in IRC Section 469(k)(2) . . . . . . . . . . . . . . . . .
D Enter partner’s
(i) Before decrease
(ii) End of year
(2) Check here if this is an investment partnership
percentage (without
or termination
regard to special
(R&TC Section 17955 and 23040.1). . . . . . . . . . . . . . . . .
•
allocations) of:
H Check here if this is:
•
.
.
%
%
Profit sharing . . . . .
(1)
a final Schedule K-1 (565) (2)
an amended Schedule K-1 (565)
•
•
.
.
%
%
Loss sharing . . . . .
I
Is this partner a nonresident of California?. . . . . .
Yes
No
•
.
.
%
%
Ownership of capital .
J Analysis of partner’s capital account:
(c) Partner’s share of
(d) Withdrawals and
(e) Capital account at end of year
(a) Capital account at
(b) Capital contributed
line 3, line 4 and line 7
distributions
(combine column (a) through
beginning of year
during year
Form 565, Schedule M-2
column (d))
•
•
•
•
(
)
Caution: Refer to Partner’s Instructions for Schedule K-1 (565) before entering information from this schedule on your tax return.
(b) Amount from
(c) Adjustments
(d) Total amounts using
(e) California
(a) Distributive share item
federal Schedule K-1
California law (Combine
source amounts
(1065)
col. (b) and col. (c))
and credits
1 Ordinary income (loss) from trade or
•
business activities . . . . . . . . . . . . . .
2 Net income (loss) from rental real
•
estate activities. . . . . . . . . . . . . . . .
3 Net income (loss) from other rental
activities . . . . . . . . . . . . . . . . . . .
4 Portfolio income (loss):
Income
•
a Interest . . . . . . . . . . . . . . . . . .
(Loss)
•
b Dividends . . . . . . . . . . . . . . . . .
•
c Royalties . . . . . . . . . . . . . . . . .
•
d Net capital gain (loss) . . . . . . . . . .
e Other portfolio income (loss).
•
Attach schedule . . . . . . . . . . . . .
•
5 Guaranteed payments to partners . . . . .
6 Net gain (loss) under IRC Section 1231
•
(other than due to casualty or theft) . . . .
•
7 Other income (loss). Attach schedule . . .
8 Charitable contributions . . . . . . . . . . .
9 Expense deduction for recovery
property (R&TC Sections 17266
17267.2, 17267.6 and 17268 and IRC
Deduc-
tions
Section 179). Attach schedule . . . . . . .
10 Deductions related to portfolio
income. Attach schedule . . . . . . . . . .
11 Other deductions. Attach schedule . . . . .
K156598109
Schedule K-1 (565) 1998 Side 1