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Printable Form 1065 - Schedule D-1 Wisconsin: What You Should Know
Self-Employment Income Worksheet. Add the value of any item with the highest tax liability to another item and fill in all the blanks as needed. The total amount should equal the total amount on the Schedule K-1 (Form 1065). The amount on the Schedule K-1 or Form 1065 does not have to match the last line on the Self- Employed Investment (SEC) Worksheet. For more information, see: Form 1065 (Form 1040); Schedule K-1 (Form 1065), Schedule K-1A (Form 1065A) or Schedule K-1B (Form 1065B); Self-Employment Income Worksheet (Schedule K-1A or K-1B). For additional information, see: For example, if the amount on Schedules K-1 and K-1A is 10,000. It must be 10,000 plus the amount described as “The Self Employment Income Worksheet.” (Schedule K-1 or ScheduleK-1A is 1065A or 1065B); It also may be 1,000 (Schedule K-1B); 10,000 (Schedule K-1B) or 1,000 (Schedule K-1B), plus the additional amount described as “The Self-Employment Income Worksheet” (Schedule K-1C). This information is from the IRS Publication 544, U.S.
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