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Members Draw Figures - Form 1065 (Partnership)
First time working on a partnership (Form 1065)
Where do I report the member's draw figures on this form (1065) so that it reflects on the K1. Thanks
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If by draws you mean Guaranteed Payments to Partner - enter on Page 1 of 1065, line 10. If the draws are not same as draws x %ownership - then you also need to go to the K1 Worksheet to enter amount on Line T or V
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