How to fill out Schedule K-1 (Form 1065) - Example Completed Explained - General Partner LLC
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Schedule K-1 for Dummies Instructions - How to fill out Schedule K-1 Form 1065 - U.S. Return of Partnership Income - General Partnership LLC - 2017 Example Completed Explained
In this video I go through step by step process of how to fill out your general partnership LLC Schedule K-1 1065 tax form. If you're able to fill out your own 1065 as well as K-1s and contract work 1099-MISC you can save yourself a lot of money without having to hire a tax professional. If your taxes are more complicated than the example shown I recommend going through a professional CPA.
2017 Forms
Form 1065: http://bit.ly/2G8qSuU
Schedule K-1: http://bit.ly/2G6FHxW
Schedule B-1: http://bit.ly/2GK3W34
1099-MISC Example (you need the IRS to mail you these forms): http://bit.ly/2mj3WxZ