U.S. TREAS Form treas-irs-8865-sk1-2003
SCHEDULE K-1
(Form 8865)
Department of the Treasury
Internal Revenue Service
OMB No. 1545-1668
Partner’s Share of Income, Credits, Deductions, etc.
�
See Instructions for Form 8865.
For calendar year 2003 or tax year beginning
Partner’s identifying number �
Partner’s name, address, and ZIP code
, 2003, and ending
2003
, 20
Partnership’s identifying number �
Partnership’s name, address, and ZIP code
(a) Beginning of tax year
Enter partner’s interest in:
Profits
Capital
Deductions
Losses
(b) End of tax year
%
%
%
%
%
%
%
%
Analysis of partner’s capital account:
(a) Capital account at
beginning of year
(b) Capital contributed
during year
(c) Partner’s share of lines
3, 4, and 7, Form 8865,
Schedule M-2
(e) Capital account at end
of year (combine columns
(a) through (d))
(d) Withdrawals and
distributions
(
)
Income (Loss)
(a) Distributive share item
1
2
3
4
a
b
c
d
e
1
2
3
Ordinary income (loss) from trade or business activities
Net income (loss) from rental real estate activities
Net income (loss) from other rental activities
Portfolio income (loss):
Interest income
(1) Qualified dividends
(2) Total ordinary dividends
Royalty income
(1) Net short-term capital gain (loss) (post-May 5, 2003)
(2) Net short-term capital gain (loss) (entire year)
(1) Net long-term capital gain (loss) (post-May 5, 2003)
(2) Net long-term capital gain (loss) (entire year)
Other portfolio income (loss) (attach schedule)
Guaranteed payments to partner
Net section 1231 gain (loss) (post-May 5, 2003)
Net section 1231 gain (loss) (entire year)
Other income (loss) (attach schedule)
Deductions
4a
4b(1)
4b(2)
4c
4d(1)
4d(2)
4e(1)
4e(2)
4f
5
6a
6b
7
8
9
10
11
8
9
10
11
Credits
f
5
6a
b
7
(b) Amount
12a Low-income housing credit:
(1) From section 42(j)(5) partnerships
(2) Other than on line 12a(1)
b Qualified rehabilitation expenditures related to rental real estate activities
c Credits (other than credits shown on lines 12a and 12b) related to rental real estate activities
d Credits related to other rental activities
13 Other credits
Charitable contributions (see instructions) (attach schedule)
Section 179 expense deduction
Deductions related to portfolio income (attach schedule)
Other deductions (attach schedule)
For Paperwork Reduction Act Notice, see Instructions for Form 8865.
Cat. No. 28396B
12a(1)
12a(2)
12b
12c
12d
13
Schedule K-1 (Form 8865) (2003)
Schedule K-1 (Form 8865) (2003)
Page
Adjustments and Tax Self-em­ Investment
Preference Items ployment Interest
(a) Distributive share item
14a
14b(1)
14b(2)
15a
15b
15c
16a
16b
16c
16d(1)
16d(2)
16e
15a Net earnings (loss) from self-employment
b Gross farming or fishing income
c Gross nonfarm income
16a
b
c
d
Depreciation adjustment on property placed in service after 1986
Adjusted gain or loss
Depletion (other than oil and gas)
(1) Gross income from oil, gas, and geothermal properties
(2) Deductions allocable to oil, gas, and geothermal properties
e Other adjustments and tax preference items (attach schedule)
Foreign Taxes
e
f
g
h
Name of foreign country or U.S. possession �
Gross income from all sources
Gross income sourced at partner level
Foreign gross income sourced at partnership level:
(1) Passive
(2) Listed categories (attach schedule)
(3) General limitation
Deductions allocated and apportioned at partner level:
(1) Interest expense
(2) Other
Deductions allocated and apportioned at partnership level to foreign source income:
(1) Passive
(2) Listed categories (attach schedule)
(3) General limitation
Total foreign taxes (check one): Paid
Accrued
Reduction in taxes available for credit (attach schedule)
17b
17c
17d(1)
17d(2)
17d(3)
17e(1)
17e(2)
Amount
�
b Amount
�
17f(1)
17f(2)
17f(3)
17g
17h
18b
19
20
21
22
23
18
19
20
21
22
23
24
a
b
Section 59(e)(2) expenditures: a Type �
Tax-exempt interest income
Other tax-exempt income
Nondeductible expenses
Distributions of money (cash and marketable securities)
Distributions of property other than money
Recapture of low-income housing credit:
From section 42(j)(5) partnerships
Other than on line 24a
25
Supplemental information required to be reported separately to the partner (attach additional schedules if more space
is needed):
24a
24b
Supplemental Information
Other
(b) Amount
14a Interest expense on investment debts
b (1) Investment income included on lines 4a, 4b(2), 4c, and 4f
(2) Investment expenses included on line 10
17a
b
c
d
2
Schedule K-1 (Form 8865) (2003)