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TAXABLE YEAR 2012 Partners Share of Income, Deductions, Credits, etc. CALIFORNIASCHEDULE K1 (565) For calendar year 2012 or fiscal year beginning month day year, and ending month day year. Partners

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What is partner's share of?

Partner's share of refers to the portion of income, deductions, credits, and other tax items allocated to a partner in a partnership.

Who is required to file partner's share of?

Each partner in a partnership is required to report their share of income, deductions, credits, and other tax items on their individual tax return.

How to fill out partner's share of?

Partners can fill out their share of partnership income by using Schedule K-1 (Form 1065), which outlines the partner's distributive share of income, deductions, credits, etc.

What is the purpose of partner's share of?

The purpose of reporting partner's share of is to allocate the partnership's income, deductions, and credits among the partners for tax purposes.

What information must be reported on partner's share of?

Partners must report their share of income, deductions, credits, and other tax items as outlined on Schedule K-1 (Form 1065).

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