Uniquely suited to preparing your Partnership return!
Make preparing and filing your Form 1065 tax return easy for your partnership. TaxACT Business 1065 walks you through your partnership return, automatically calculating and filling in the tax forms while allocating & updating Schedule K-1 items as income changes. Contains powerful depreciation reports, loan & savings calculators, and more.
Key Highlights:
- Uniquely Suited to Preparing Your Partnership Return* - You'll enjoy essential features for Form 1065 preparation in addition to the versatility & efficiency you've enjoyed in the Deluxe Edition.
- Does the Work for You - Just answer simple, plain-English interview questions and TaxACT automatically calculates and enters your data into the appropriate tax forms.
- Automatic Partner Allocations - All Schedule K-1 items are automatically allocated and updated as the business's income changes.
- Depreciation Reports - Print a list of depreciable assets, including this year's depreciation and accumulated depreciation. Or, print a report detailing next year's depreciation.
- Loan and Savings Calculators - Effortlessly compute loan payments or the future value of savings deposits, then print amortization and accumulation schedules.
- Seamlessly Integrates with State 1065 Returns - For only $13.95, your federal information will be automatically transferred & calculated by the state software - no need to re-enter your data! Learn more about TaxACT State 1065.
- And Much More! See all features & benefits.
TaxACT Business 1065 Edition supports up to 99 partners.
Please note: If the only member of the LLC is an individual, the LLC income and expenses are reported on Form 1040 Schedule C, E, or F. Single-member LLCs may NOT file a partnership return. Please purchase TaxACT Deluxe instead.


