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IRS Draft Forms · Jan 6, 2026

Form 8865 (Schedule K-1) – Partner's Share of Income, Deductions, Credits, etc.(Schedule K-1 (Form 8865))

Tax Brief summary and classification of the original reporting.

Bottom Line

💡 Form 8865 (Schedule K-1) – Partner's Share of Income, Deductions, Credits, et.... Worth reviewing for potential client impact.

Summary

Partner's Share of Income, Deductions, Credits, etc.(Schedule K-1 (Form 8865))

Classification

Category: fyiPriority: importantReason: Contains 'deduction' - significant update

Applies To

1065

Affected Groups

Partnership/LLC preparers

Related Topics

Original Source

We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.

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