1065 U.S. Return of Partnership Income

Tax Year 2025
Calendar Year Ending 12/31/2025

▾ Entity Information

Partnership Name: EIN: Date Started: Address: City: State / ZIP: Total Assets (Sch L): Principal Activity: NAICS: Accounting Method: Type of Return: # of K-1s:

▾ Partners (Schedule K-1 allocations)

#	Name	SSN / EIN	Type	Profit %	Allocated Ord. Income
1					0
2					0
3					0
TOTAL ↓				100.00 %	0

▾ Income

Description Amount Entered Calculated

        1a
        Gross receipts or sales
        
        1b
        Returns and allowances
        
1cBalance (1a − 1b)0

        2
        Cost of goods sold (Form 1125-A)
        
3Gross profit (1c − 2)0

        4
        Ordinary income/(loss) from other partnerships, estates, trusts
        
        5
        Net farm profit/(loss) (Sch F)
        
        6
        Net gain/(loss) — Form 4797
        
        7
        Other income/(loss) (attach statement)
        
8TOTAL INCOME (sum lines 3 through 7)0

▾ Deductions (limited to ordinary and necessary trade/business expenses)

Description Amount Entered Calculated

        9
        Salaries and wages (other than to partners)
        
        10
        Guaranteed payments to partners
        
        11
        Repairs and maintenance
        
        12
        Bad debts
        
        13
        Rent
        
        14
        Taxes and licenses
        
        15
        Interest (see instructions)
        
        16a
        Depreciation (Form 4562)
        
        16b
        Less depreciation reported on Form 1125-A and elsewhere
        
16cNet depreciation (16a − 16b)0

        17
        Depletion (do not deduct oil & gas)
        
        18
        Retirement plans, etc.
        
        19
        Employee benefit programs
        
        20
        Other deductions (attach statement)
        
21TOTAL DEDUCTIONS (add lines 9 through 20)0
22ORDINARY BUSINESS INCOME/(LOSS) (line 8 − line 21)0

▾ Tax and Payment (generally $0 — partnerships are pass-through entities)

Description Amount Entered Calculated

        23
        Interest due under the look-back method (F8697 / F8866)
        
        24
        BBA AAR imputed underpayment
        
        25
        Other taxes (see instructions)
        
26TOTAL BALANCE DUE (sum 23+24+25)0

Partnership Summary

Gross Receipts 0

Total Income (Ln 8) 0

Total Deductions (Ln 21) 0

Guaranteed Pmts (Ln 10) 0

Ordinary Business Income 0

K-1 Pass-Through Preview

Selassie Nuvor (50%) 0

Francis Mensah (30%) 0

Ama Owusu (20%) 0

F4 recalculates the return.
F2 opens View/Print menu.
Form 1065 itself owes no federal tax — income/(loss) flows to partners on Schedule K-1.

📄 Form 1065 Preview — populated from worksheet

Form

1065

Department of the Treasury
Internal Revenue Service

U.S. Return of Partnership Income

For calendar year 2025, or tax year beginning ____, ending ____

OMB No. 1545-0123

▶ Go to www.irs.gov/Form1065
for instructions.

A Principal business activity

D Employer identification number

Name of partnership

Number, street, and room or suite no. If a P.O. box, see instructions.

City or town, state or province, country, and ZIP or foreign postal code

E Date business started

F Total assets (see instructions)

B Principal product or service

Consulting Services

C Business code number

H Check accounting method

☐ Cash ✗ Accrual ☐ Other

I Number of Schedules K-1. Attach one for each person who was a partner at any time during the tax year

Caution: Include only trade or business income and expenses on lines 1a through 22 below. See instructions for more information.

Income
1a	Gross receipts or sales
1b	Returns and allowances
1c	Balance. Subtract line 1b from line 1a
2	Cost of goods sold (attach Form 1125-A)
3	Gross profit. Subtract line 2 from line 1c
4	Ordinary income (loss) from other partnerships, estates, and trusts (attach statement)
5	Net farm profit (loss) (attach Schedule F (Form 1040))
6	Net gain (loss) from Form 4797, Part II, line 17
7	Other income (loss) (attach statement)
8	Total income (loss). Combine lines 3 through 7
Deductions (See instructions for limitations.)
9	Salaries and wages (other than to partners) (less employment credits)
10	Guaranteed payments to partners
11	Repairs and maintenance
12	Bad debts
13	Rent
14	Taxes and licenses
15	Interest (see instructions)
16a	Depreciation (if required, attach Form 4562)
16b	Less depreciation reported on Form 1125-A and elsewhere on return
16c	Net depreciation. Subtract line 16b from line 16a
17	Depletion (Do not deduct oil and gas depletion.)
18	Retirement plans, etc.
19	Employee benefit programs
20	Other deductions (attach statement)
21	Total deductions. Add the amounts shown in the far right column for lines 9 through 20
22	Ordinary business income (loss). Subtract line 21 from line 8

Form 1065 (2025) · Page 2

Tax and Payment
23	Interest due under the look-back method—completed long-term contracts (attach Form 8697)
24	BBA AAR imputed underpayment (see instructions)
25	Other taxes (see instructions)
26	Total balance due. Add lines 23, 24, and 25
27	Payment (see instructions)	0
28	Amount owed. If line 27 is smaller than line 26, enter amount owed	0

Sign Here

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, correct, and complete. Declaration of preparer (other than partner or limited liability company member) is based on all information of which preparer has any knowledge.

Signature of partner or limited liability company member

Date

May the IRS discuss this return with the preparer shown below? ☐ Yes ☐ No

For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 11390Z Form 1065 (2025)