Completing the Form 1065 Questionnaire

Overview

The Form 1065 questionnaire collects the information needed to prepare your partnership's federal tax return. It covers general business details, partner information, state nexus, US business activities, required documents, tax compliance questions, and additional notes. Completing this questionnaire accurately is essential for a smooth and timely partnership return filing.

Before You Begin

Step-by-Step Instructions

1. Open the Form 1065 questionnaire.

   What to do: On the Federal Tax tab, locate the prompt or button to complete the partnership tax questionnaire for the current tax year. Click it.

   What you will see

   A modal opens with the title "Partnership Tax Information ({year})" and a description explaining that this form collects details for the Form 1065 partnership return.

2. Complete the General Information section.

   What to do: Fill in all fields related to your partnership's general business details, including business activity type, fiscal year dates, and other foundational information.

   What you will see

   Form fields for your partnership's basic operational and financial details.

3. Complete the Partner Information section.

   What to do: Enter details for each partner, including their name, tax identification number (SSN or ITIN), ownership percentage, and profit/loss sharing ratio.

   What you will see

   Fields for each partner with the ability to add multiple partners as needed.

4. Complete the State Nexus section.

   What to do: Identify all US states where your partnership has a business presence, employees, property, or generates revenue.

   What you will see

   A list or selection interface where you can indicate each state with nexus.

5. Complete the US Business Activities section.

   What to do: Describe the nature and scope of your partnership's business activities within the United States.

   What you will see

   Fields for describing revenue sources, operational activities, and any industry-specific details.

6. Upload required Documents.

   What to do: In the Documents section, upload any supporting files your tax preparer needs, such as prior year returns, K-1 schedules, or other partnership-specific documents.

   What you will see

   A file upload area where you can attach one or more documents.

7. Complete the Tax Compliance section.

   What to do: Answer questions about your partnership's tax compliance history, such as whether prior year returns were filed, any outstanding IRS notices, or audit history.

   What you will see

   A series of yes/no questions with fields for additional details where applicable.

8. Add Additional Notes (optional).

   What to do: In the Additional Notes section, enter any extra context your tax preparer should know (up to 1000 characters).

   What you will see

   A text area with a character counter.

9. Submit the questionnaire.

   What to do: Review all sections for accuracy, then click the Submit button at the bottom of the modal.

   What you will see

   The modal closes and your federal tax timeline updates to reflect that the partnership questionnaire has been completed.

10. Save progress and return later (optional).

    What to do: Click Complete Later to save your progress without submitting.

    What you will see

    The modal closes. Your partially completed answers are saved for you to return to later.

11. Cancel without saving (optional).

    What to do: Click Cancel to close the modal without saving any changes.

    What you will see

    The modal closes and no data is saved.

What Happens Next

• After submission, your tax preparation team reviews the partnership information alongside your bookkeeping records to prepare the Form 1065 return and individual K-1 schedules for each partner.
• Your Federal Tax timeline will update as the filing moves through each stage.
• If clarification is needed, the status badge will change to "Needs Attention".