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Printable Form 1065-X Santa Clarita California: What You Should Know

Line 19 — Other (i.e., contributions to retirement and deferred compensation plans.) Line 26 — Income of Partnership (i.e., partnership gross income, income of the partnership members, and deductions for tax purposes) Carryover from previous tax year —  Income of Partnership (i.e., partnership gross income, income of the partnership members, and deductions for tax purposes) — If you paid or accrued income in a prior tax year to your partners when you filed Schedule K, line 19(ii) of your federal return, then you must include income from that year in this figure, plus the amount of “carryover” from that earlier year. The income from prior years that you will have to include on Form 1065 will depend upon the partnership type and the partnership income level. Line 19(ii) of your federal return, then you must include income from that year in this figure, plus the amount of “carryover” from that earlier year.

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