Partnership question I have a General partnership on my EIN Notice when the EIN was requested. It says File form 1065. My Question is they call form 1065 a K-1 is this supposed to be filed with a Schedule C for my share of the profit and Expenses? All the information I am reading dosen't exactly state how to correctly file this on my personal tax return. We split the income which was only about 553 and the expenses down the middle. My thought was I file the 1065 and a schedule C that shows my half of the expenses for the partnership. Am I wrong? |