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  3. partnerships must file a tax return known as form

partnerships must file a tax return known as Form 1065. This notifies the IRS as...

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Accounting

partnerships must file a tax return known as Form 1065. This notifies the IRS as to the company's financial activity throughout the year. Part of Form 1065 also includes K-1s. What are K-1s? Why are they important to the partners of a partnership?

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