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PR INC IPA C OM PL IA NC E R EPR EVENT FIVE, F TB DEPARTMENTAL PROMOTIONAL EXAMINATION STATEWIDE (For EDD Employees Only) Testing Department:Employment Development DepartmentBulletin Release Date:August

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What is pr inc ipal c?

Principal c is a form used to report income received from a partnership.

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Partners of a partnership are required to file form pr inc ipal c.

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Form pr inc ipal c is filled out by providing details of income, deductions, and credits related to the partnership.

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The purpose of pr inc ipal c is to report partnership income to the IRS.

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Information such as income, deductions, credits, and partner's share of the partnership income must be reported on form pr inc ipal c.

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