How to Fill Out Form 1065 for 2021. Step-by-Step Instructions

How to fill out Form 1065 for the 2021 tax year. We have a simple example for an LLC taxed as a partnership with a simple profit and loss, a balance sheet, and two LLC partners.

For other form tutorials that might be applicable to your return, check our videos here:

Do you need a partnership return if you lost money:
https://youtu.be/GvHacjwBzfs

Schedule C: https://youtu.be/W9kEqaDInRw
Schedule B-1: https://youtu.be/ukPbs0-oblo
Schedule B-2: https://youtu.be/ACXBVUISwP8
Form 8825 Rentals: https://youtu.be/IjuBeFNSupk
Recourse vs NonRecourse: https://youtu.be/4ZO_VFjbP1s

Purchase our tax guides and tutorials here:
https://www.udemy.com/user/jason-knott-2/

Check out our website for more posts:
https://www.lawofficesofjasonknott.com/blog/

Need more help? Schedule a consultation:
https://calendly.com/jason-knott

Follow Jason here:
Patreon: https://www.patreon.com/jasonknott
Twitter: https://twitter.com/jasondknott
Instagram: https://www.instagram.com/jasondknott
TikTok: https://www.tiktok.com/@jasondknott
LinkedIn: https://www.linkedin.com/in/jason-d-knott/
Quora: https://www.quora.com/profile/Jason-Knott-17

#IRS #Form1065 #PartnershipTaxes

DISCLAIMER: I am a licensed attorney and certified public accountant (CPA) in the State of Florida. I am not a financial advisor. The information provided in this video is for entertainment purposes only. No such communication is provided in the course of an attorney-client relationship, and no communication is intended to constitute legal advice. You should speak with your own tax and legal professionals to discuss your circumstances before performing any of the tax, legal, or accounting strategies demonstrated in this video. Thank you.