Amend a partnership return
Follow these steps to amend Form 1065.
note
- We recommend making a copy of the original return by selectingFile, thenSave Asbefore you make any changes for the amended return.
- UltraTax CS also marks Schedule K-1 for all partners as amended when you amend Form 1065.
- Form 1065X doesn't apply to Form 8865. To amend Form 8865, always use the statement window for theAmended returnfield in the 1065 screen.
Electronically filed
- Go to the 1065 screen.
- Enter the reason for amending the return in the statement window for theAmended returnfield.
- Identify the line number of each amended item, the corrected amount or treatment of the item, and an explanation of the reasons for each change.
- UltraTax CS marks theAmended returncheckbox on Form 1065, Page 1, item G(5), and includes the statement with the electronically filed return.
- Leave the Amend screens in the Separate Filings folder blank.
- Make amended return changes to the active client data in the input screens.
Paper filed
- Use the Amend, Amend-2, and Amend-3 screens in the Separate Filings folder to enter information as reported on the original return, explanations of any changes, and other general Form 1065X information.
- UltraTax CS marks theAmended returncheckbox on Form 1065, Page 1, item G(5), and prepares and prints Form 1065X.
- Make amended return changes to the active client data in the input screens.
