How to File Form 1065 for 2022 - Landscaping Business Example

For other 2022 tax filing tutorials for Form 1065, see the playlist below:
   • Form 1065 (Partnership Tax) Tutorials  

How to fill out Form 1065 for the 2022 tax year. We have a simple example for an LLC taxed as a partnership that operates a landscaping and lawncare business. This is a two-partner LLC where both partners actively participate in running the business. The business claims 100% bonus depreciation on its fixed asset purchases during the year, and it also claims the Work Opportunity Tax Credit (Form 5884) & the Federal Fuel Tax Credit (Form 4136).

For other form tutorials that might be applicable to your return, check our videos here:

Do you need a partnership return if you lose money?:    • Do I Need to File a Form 1065 Partner...  
Schedule K-2 & K-3 Filing Exceptions:    • Schedule K-2 & K-3: Domestic Filing E...  
Form 4136 Fuel Tax Credit:    • IRS Form 4136 - Tax Credits for Fuel ...  
Form 5884 Work Opportunity Credit:    • IRS Form 5884 - Work Opportunity Cred...  
Schedule C:    • Form 1065 Schedule C - Who Needs to F...  
Schedule B-1:    • Form 1065 Schedule B-1  Disclosure of...  
Schedule B-2:    • How to Elect Out of the Centralized P...  
Form 8825 Rentals:    • How to Complete IRS Form 8825 - Repor...  
Record Unreimbursed Partnership Expenses:    • How to Record your Unreimbursed Partn...  
Recourse vs Nonrecourse:    • Recourse vs Nonrecourse Debts of an LLC  
Deducting Business Gifts:    • Can Business Gifts Be Tax Deductible?  
Foreign Owned LLC Form 1065:    • Foreign Owned Multi-Member LLC - Form...  
Foreign Owned LLC Partnership Pay No Tax:    • Foreign Owned Multi-Member LLC - Pay ...  
Do I Need a Form 1065 If I Lost Money:    • Do I Need to File a Form 1065 Partner...  
Subject to Self-Employment Taxes?:    • Do I Pay Self-Employment Taxes on Par...  

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