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Form 1065 Vejledning til tidsplan C

Instruktioner for Plan C (Form 1065), Yderligere oplysninger om Plan M-3-filer

Rev. december 2014

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Department of the Treasury  
Internal Revenue Service  
Instructions for Schedule C  
(Form 1065)  
(Rev. December 2014)  
Additional Information for Schedule M-3 Filers  
Section references are to the Internal Revenue Code  
unless otherwise noted.  
2. Certain debt is incurred by a partner within two  
years of the earlier of:  
A written agreement to transfer or  
General Instructions  
Future Developments  
For the latest information about developments related to  
Schedule C (Form 1065) and its instructions, such as  
legislation enacted after they were published, go to  
A transfer of the property that secures the debt, if the  
debt, nevertheless, is treated as a qualified liability; or  
3. Transfers from a partnership to a partner occur  
which are the equivalent to those listed in 1 or 2 above.  
The disclosure must be made on the transferor  
partner's return using Form 8275, Disclosure Statement,  
or on an attached statement providing the same  
What's New  
information. When more than one partner transfers  
property to a partnership under a plan, the disclosure may  
be made by the partnership rather than by each partner.  
Some filers of Form 1065, U.S. Return of Partnership  
Income, that file Schedule M-3 (Form 1065), Net Income  
(Loss) Reconciliation for Certain Partnerships, with tax  
years ending on December 31, 2014 or later are not  
required to file Schedule C (Form 1065). See Who Must  
File, later.  
Question 2. Answer “Yes” if this partnership is a partner  
in another partnership and has received special  
allocations of income, gain, loss, deduction, or credit from  
that partnership. For more information on special  
allocations, see Special Allocations, in the Instructions for  
Form 1065.  
Example. P, a partnership, joins with B, an individual,  
in forming the PB partnership. P and B each contribute  
$50,000 cash to PB partnership. Profits and losses are  
split 50/50, with the exception of depreciation, which is  
allocated 99% to P and 1% to B. P answers “Yes” to  
question 2 because its 99% allocation of depreciation  
deductions from PB partnership is disproportionate to its  
ratio of sharing other items from PB partnership.  
Question 5. The term “change in accounting principle”  
means a change from one generally accepted accounting  
principle to another generally accepted accounting  
principle as described in “Statement of Financial  
Accounting Standards No. 154–Accounting Changes and  
Error Corrections.”  
For purposes of this question, answer “Yes” if such a  
change in accounting principle occurred during the tax  
year and such change resulted in, or is expected to result  
in, an effect on the amount of income reported for financial  
statement purposes.  
Purpose of Form  
Use Schedule C (Form 1065) to provide answers to  
additional questions for some filers of Schedule M-3  
(Form 1065), Net Income (Loss) Reconciliation for Certain  
Who Must File  
Generally, filers of Form 1065, U.S. Return of Partnership  
Income, that file Schedule M-3 (Form 1065), Net Income  
(Loss) Reconciliation for Certain Partnerships, must  
complete and file Schedule C (Form 1065) and attach it to  
their return. However, for tax years ending on December  
31, 2014 or later, partnerships that (a) are required to file  
Schedule M-3 and have less than $50 million in total  
assets at the end of the tax year or (b) are not required to  
file Schedule M-3 and voluntarily file Schedule M-3, are  
not required to file Schedule C (Form 1065). For more  
information, visit IRS.gov and enter “Schedule M-3 for  
Large Business International (LBI)” in the Search box.  
Also see the Instructions for Schedule M-3 (Form 1065)  
for more information.  
Question 6. File Form 3115, Application for Change in  
Accounting Method, to request a change in a method of  
accounting. See the Instructions for Form 3115 for  
information on requesting a change in accounting method.  
Specific Instructions  
Question 1. For certain transfers that are presumed to  
be sales, the partnership or the partners must comply with  
the disclosure requirements in Regulations section  
1.707-8. Generally, disclosure is required when:  
1. Certain transfers to a partner are made within two  
years of a transfer of property by the partner to the  
Apr 01, 2014  
Cat. No. 51534B