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Every partnership that engages in a trade or business or has gross income must file an information return on Form 1065 showing its income, deductions, and other required information. The partnership return must show the names and addresses of each partner and each partner's distributive share of taxable income. The return must be signed by a general partner. If a limited liability company is treated as a partnership, it must file Form 1065 and one of its members must sign the return.
TaxACT Business 1065 includes all the guidance and forms you need to prepare, print and e-file a federal Partnership 1065 return. If you and your spouse own the partnership, you may qualify as a joint venture. If you qualify, you can file a joint 1040 return and 2 Schedule Cs (one for you and one for your spouse).