Accountant Partnership Tax Return Checklist

Create a partnership tax return preparation checklist for [Partnership Name] for tax year [year].

Partnership details:
- Partnership name: [name]
- EIN: [number]
- Tax year end: [December 31 or fiscal year]
- Number of partners: [number]
- Partnership type: [general/limited/LLC]
- State filings required: [list states]

PARTNERSHIP TAX RETURN CHECKLIST (Form 1065)

BASIC INFORMATION
☐ Partnership name and address current
☐ EIN verified
☐ Business code (NAICS) identified
☐ Accounting method confirmed: [cash/accrual]
☐ Tax year confirmed
☐ Material participation status documented

INCOME DOCUMENTS
☐ Income statement (P&L) finalized
☐ Balance sheet as of year end
☐ General ledger detail available
☐ 1099s received and reconciled
☐ Bank statements reconciled to books
☐ Loan activity documented
☐ Capital contributions and distributions recorded

DEDUCTION DOCUMENTATION
☐ All expense categories documented
☐ Meals: [50% limitation applied]
☐ Home office: [if applicable]
☐ Vehicle logs: [if claiming vehicle expense]
☐ Depreciation schedule updated
☐ New asset acquisitions documented
☐ Section 179 elections considered
☐ Start-up costs: [if first year]

PARTNER INFORMATION
☐ Partner names and addresses current
☐ Partner EINs or SSNs on file
☐ Ownership percentages documented
☐ Partnership agreement reviewed
☐ Profit and loss allocations per agreement
☐ Special allocations documented if any
☐ Guaranteed payments identified

SCHEDULE K-1 PREPARATION
☐ K-1 prepared for each partner
☐ Ordinary income/loss allocated
☐ Section 179 deduction allocated
☐ Self-employment income identified
☐ Credits allocated
☐ K-1s reviewed by partners

STATE FILINGS
☐ [State 1] return prepared
☐ [State 2] return prepared
☐ Composite return considered
☐ Non-resident withholding requirements

Note: Partnership tax returns are complex — always have qualified CPA prepare and review