Detailed Analysis of U.S. Return of Partnership Income Form 1065

This document provides a detailed analysis of Form 1065, the U.S. Return of Partnership Income, specifically for the calendar year 2017. It includes key sections of the form, such as income, deductions, and reconciliation of income per books with the return. The analysis covers various aspects including business income, total assets, liabilities, capital, and reconciliation of income. It also highlights elements like cash flow, trade notes, accounts receivable, inventories, U.S. government obligations, tax-exempt securities, loans to partners, mortgage and real estate loans, buildings and other depreciable assets, land, intangible assets, accounts payable, mortgages, notes, bonds payable, and partners' capital accounts. The document further includes schedules for net income, analysis by partner type, and reconciliation of income per books with the income per return.

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I}5 s},ADy LANE
City or town, state or province, counlry,
CHAP)N, SL ego35
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A Princioalbusiness
B Principalproductor
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C Business code number
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Paid
Preparer
Use Only
For Paperwork Reduction Act Notice, see separate instructions.
U.S. Return of PartnershipIncome
For calendaryear 2017,orExyear besinnins_O_f/p Il_______,2017,endins__f]l 31 l,zo_1_7__---_.
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Iz sgnarure ot partner or limited liability company member
OMB No.1545-0123
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I Number of Schedules K-1. Attach one for each person who was a partner at any time ouring tne t; t;;;-----{---
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Date business started
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Total amount
Form 1065 (2014
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Form 1065 (2014
Analysis by
partner type:
Generalpartners
Limited
Assets
Cash
Trade notes and accounts receivable .
Less allowancefor bad debts
lnventories
U.S. governmentobligations
Tax-exempt securities
Other current assets (attach statement)
Loansto partners(or personsrelatedto partners)
Mortgage and real estate loans
Other investments(attach statement) .
Buildingsand other depreciable assets
Less accumulateddepreciation
Depletableassets
Less accumulateddepletion
11 Land (net of any amortization)
12a Intangibleassets (amortizableonly)
b Less accumulatedamortization
13 Other assets (attach statement)
14 Total assets
. Liabilatiesand Capital
Accounts payable
Mortgages,notes,bondspayablein lessthan 1 year
Other current liabilities (attach statement)
All nonrecourseloans .
Loansfrompartners(orpersonsrelatedto partners)
Mortgages,notes,bondspayablein 1yearor more
Other liabilities(attach statement) .
Partners'capital accounts
Total liabilitiesand
Net income (loss).Comb
Schedule K, lines 12 through 13d, and 161
a
b
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2a
b
3
4
5
6
7a
b
8
9a
b
10a
b
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15
16
17
18
19a
b
20
21
22
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Reconciliationof Income(Loss)per Books With tn;;; G"ffier ReturnNOte. The partnershiD mav be reorriri.l t.r fito Rnhartr rta [r-a /6^^ ri^*-,,^ii^l-.tobe le Schedule M-3 (see
r\er tncome (toss) per books .
Incomeinclud€don ScheduleK, lines 1, 2, gc,
5, 6a,7,8, 9a, 10, and 11, not recorded on
booksthis year (itemize):
Guaranteedpavmeni-d---i61ljt6l--iiia;
health insurance)
Expensesrecorded on books this year
not included on Schedule K, lines 1
through 13d, and 161(itemize):
Depreciationg
Travetand ent;-rial6iir6l lf ----------------
Add lines 1 throuqh 4 .
mff,a rrnamiEE;ers
Balanceat oeginningE yEiI- . -I
eapital contributed: a Cash
b property
Net income (loss)per books .
Other increases(itemize):
lines 1
a
b
I
2
3
4
5
3| 8.aS D Incomerecordedon booksthis year not included
on ScheduleK, lines1 through11 (itemize):
Tax-exemptinterest$
Deductionsinctuoeoon-ScirArG
k;li";;
1 through 13d, and 161, not charged
against book income this year (itemize):
Depreciationg
229,2
I D,*SD
oAdd lines 6 and 7 . :---. ---.---:---:---.---:'
Income (loss) (Analysis of Net Income
(Loss),line.1).Subtract line 8 from line 5
8
9 224,,
lSqoaa109,Lso
;aD|ta
740oaO 6 Distributions: a Cash
b property
7 Otherdecreases(itemize):______
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9 Balanceat endof vear.SuUta.t fin" Afrom fin" s
228,21
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