Taxation Partnership (Form 1065)

• Processing of income to arrive at total income (Loss)
• Processing of deductions to arrive at ordinary income (Loss)
• Processing of schedule A- Cost of goods sold
• Processing of schedule B- Other information
• Processing of schedule K- Partner's share of income credit , deductions etc
• Processing of schedule L- Balance sheet per books
• Processing of schedule M-1- Reconciliation of income (loss) per books with income (loss) per return
• Processing of Schedule M-2- Analysis of partners capital accounts