What is a Partnership Return?


A Partnership Return

For tax purposes, partnership is a business relationship between individuals​ with each contributing money, labor, property and skill.​ Each expects to share in the profits and losses of the business. Partnerships must report their income to the IRS by filing Form 1065.

The term partnership includes:​

For more information on completing Form 1065, please refer to the IRS Instructions for Form 1065.











Article ID: 356
Created: Tue, Aug 30, 2016
Last Updated: Fri, May 28, 2021

Online URL: //kb.erosupport.com/article-356.html