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FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT
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Pauls Douglas J refers to IRS Form 1065, also known as the U.S. Return of Partnership Income, which is used to report income, deductions, gains, losses, etc., from the operation of a partnership.
Partnerships that have any income, deductions, or credits must file Form 1065 (Pauls Douglas J). This includes partnerships formed in any state or territory.
To fill out Form 1065, partnerships must provide information on income, deductions, and the partners' profit/loss sharing ratios. Instructions for specific lines and requirements can be found on the IRS website.
The purpose of Pauls Douglas J is to report income and losses of a partnership to the IRS and to provide each partner with their share of income, deductions, credits, etc.
Form 1065 requires reporting of partnership income, deductions, gains/losses, and specific information about each partner including their share of profits, losses, and capital.
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