About the partner and Partnership

Partner's name SSN
Partnership EIN
Tax year Ownership

Part I-Partner Basis

1 Basis at beginning of the year (not less than zero).
Section A: Increase.
2a Acquisition of patnership interest.
2b Cash contribuiton during the year.
2c Adjusted basis of property contribution.
3a Partner's share of liability at the end of year.
3b Partner's share of liability at the beginning of year.
3c Increase (or decrease) in partnership liability(3a-3b) .
3d Partnership liability assumed during the tax year.
3e Increase in liability(3c+3d) If the amount is negative, enter on line 9a.
4a Ordinary income. Sch K-1, line 1
4b Net real estate rental income. Sch K-1, line 2
4c Other rental income. Sch K-1, line 3
4d Interest. Sch K-1, line 5
4e Ordinary dividends. Sch K-1, line 6a
4f Dividend equivalents. Sch K-1, line 6c
4g Royalites. Sch K-1, line 7
4h Net short-term capital gain. Sch K-1, line 8
4i Net long-term capital gain. Sch K-1, line 9a
4j Section 1231 gain. Sch K-1, line 10
4k Other income. Sch K-1, line 11
4l Income for nontaxable income. Sch K, line 18
4m Other increase to basis.
4n Business Interest Expense(BIE) (enter as positive). Sch K, line 20 Code N
4o Total increase(add line 4a-4n).
5 Gain recognized of property contribution.
6 Increase for excess depletion adjustment.
7 Basis before distributions. Add line 1 to 6.
Section B: Decrease (enter as negative).
8 Withdrawal, distribuitons of money and adjusted basis of distributed property.
8a Cash and marketable security distribution. Sch K-1, line 19.
8b Dstribuiton subject to section 737.
8c Other distributions.
8d Total distribuiton.
9a Decrease in partner's share in liabilities. (be negative)
9b Partner's liability assumed by partnership. Enter as negative.
9c Decrease in liabilities (9a+9b).
10 Total distributions and decrease in liability.
11a Basis after distribution. (add line 7 & 10) if negative, enter 0 on line 11a and the amount as positive on line 11b.
11b gain on distribuiton excess basis.
Part 2: allowable loss and deduciton item (enter as negative).
Column A Column B Column C Column D Column E
Current distributive share Prior yr carryover A+B Amount used to reduce basis Suspended carryover
12 Nondeductible expenses
13 Depletion for oil and gase expenses
14 Basis after nondeductible expense. (reduce 11a by line 12 & 13, column D)
Column A Column B Column C Column D Column E
Current distributive share Prior yr carryover A+B Amount used to reduce bassi Suspended carryover
15a Ordinary loss
15b Net rental loss (except BIE)
15c Other rental loss (except BIER)
15d foreign tax paid or accrued
15e Short term capital loss
15f Net long term capital loss
15g 1231 loss
15h 179 deduction
15i Other losses
Other Deductions
15j Charitable contribuiton
15k Investment interest exp
15l Deduction(for royalty)
15m 59(e)(2)
15n EBIE
15o Deduction (portfolio)
15p All Others
15q BIE
15r Other decrease to basis
15s Subtotal (15a-r)
15t Total deductions and losses (add line 15a-r, column C)
16 Allowable loss and deduction
17 Unutilized EBIE on sale of partnership interest
18 Adjusted basis at end of tax year.