Tax preparation · Form 1065 · Houston, TX
A partnership generally passes its taxable activity through to the partners, so the return has to get two things right at once: the financial information, and the ownership information behind how it is split. Mint Associates prepares Form 1065 and the related Schedule K-1s using the partnership's records and its actual ownership terms.
What the engagement covers
Capital accounts are where partnership returns most often go wrong — and where a partner notices years later, usually when someone exits.
Partnership checklist
Partnership returns need financial records and accurate partner information. Ownership changes during the year are the item most often forgotten — tell us early if anyone joined, left, or changed percentage.
Before preparing the return we evaluate whether the year-end records are reasonably ready. If cleanup is required, we identify the bookkeeping work needed and quote it separately rather than absorbing a surprise into the filing.
See cleanup & catch-up →The partners' side
When we are engaged for the partners' personal returns as well, the K-1s and the individual filings are prepared in step — so nothing is reported twice and nothing goes missing between the two.
Individual tax preparationForm 1065 is generally due March 15, or the next business day when that falls on a weekend. Extended returns are due September 15. The late-filing penalty is charged per partner, per month — so it scales with the size of the partnership.
See all deadlines →With the agreement, last year's return, and current statements, we can scope the filing and tell you the cost before any work starts.
Discuss Your Partnership Return