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PARTNERSHIP RETURN OF INCOME with Instructions and Form IT-565B Apportionment of Income Schedule Louisiana Department of Revenue P.O. Box 3440 Baton Rouge, LA 70821-3440 IT-565 (1/12) Page 1 IT-565i
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Partnership return of income is a form that partnerships must file to report their income, deductions, and other financial information to the government.
Partnerships are required to file a partnership return of income if they have more than one partner and their income exceeds a certain threshold.
To fill out a partnership return of income, partnerships need to provide information about their income, deductions, credits, and partner details. They can use Form 1065 provided by the Internal Revenue Service (IRS) and follow the instructions provided.
The purpose of partnership return of income is to report the partnership's financial information to the government and calculate the amount of tax owed.
Partnership return of income must include details about the partnership's income, deductions, credits, partner's share of profit or loss, and other financial information.
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