Home
Forms Library
A Total amount reported on federal Form 1065, Schedule K, line 14a, or federal Form 1065-B, Schedule

A Total amount reported on federal Form 1065, Schedule K, line 14a, or federal Form 1065-B, Schedule-2025

A Total amount reported on federal Form 1065, Schedule K, line 14a, or federal Form 1065-B, Schedule Preview on Page 1

Show details

4.6 out of 5

63 votes

The document is Form Y-204, required by the New York State Department of Taxation and Finance for partnerships doing business in Yonkers with nonresident partners. It outlines the process for reporting Yonkers income allocation, including sections for detailing the number of nonresident partners, net earnings from self-employment, and a formula for allocating income based on property, payroll, and gross income percentages. The form must be attached to Form IT-204 and includes specific instructions for completion.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

The best way to modify A Total amount reported on federal Form 1065, Schedule K, line 14a, or federal Form 1065-B, Schedule online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

With DocHub, making adjustments to your paperwork takes just a few simple clicks. Make these fast steps to modify the PDF A Total amount reported on federal Form 1065, Schedule K, line 14a, or federal Form 1065-B, Schedule online free of charge:

Sign up and log in to your account. Log in to the editor using your credentials or click Create free account to test the tool’s capabilities.
Add the A Total amount reported on federal Form 1065, Schedule K, line 14a, or federal Form 1065-B, Schedule for editing. Click on the New Document option above, then drag and drop the file to the upload area, import it from the cloud, or via a link.
Change your file. Make any adjustments needed: add text and pictures to your A Total amount reported on federal Form 1065, Schedule K, line 14a, or federal Form 1065-B, Schedule, highlight important details, remove sections of content and replace them with new ones, and insert icons, checkmarks, and fields for filling out.
Finish redacting the form. Save the modified document on your device, export it to the cloud, print it right from the editor, or share it with all the people involved.

Our editor is super intuitive and effective. Try it now!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How to calculate line 14a on schedule k?

Line 14a on the K-1 is comprised of the sum of lines 3c and 4c from Wks SE. Line 5 of Wks SE flows to line 14a on Schedule K. Note If you are still attempting to reconcile amounts after reviewing worksheets, check for the screen 8825 option Mark this box to Include in Self-Employment Income.

What is a Schedule K 1065?

Schedule K-1 (Form 1065), Partners Share of Income, Deductions, Credits, etc. The partnership files a copy of Schedule K-1 (Form 1065) with the IRS to report your share of the partnerships income, deductions, credits, etc.

How do you calculate line 14c on schedule k?

How is Form 1065, Sch K, Line 14c calculated on a Partnership return? Line 14c on Schedule K is calculated by adding lines 3 and 7 from page 1 of Form 1065. And line 3a from page 3, Form 1065, Sch K, minus line 7 on government Form 4835. Will also pull from 14C of any partnership passthroughs entered in the return.

What is line 14 on schedule K-1 form 1065?

Line 14A - Net Earnings (Loss) from Self-Employment - Amounts reported in Box 14, Code A represent the amount of net earnings from self-employment. For Limited Partners this amount generally includes any guaranteed payments received for services rendered to or on behalf of the partnership.

What is the K code in Box 14?

Code K in Box 14 is generally used for non-taxable reimbursements or other income, and it should indeed only be input in Box 14 of your tax preparation software to reflect the data accurately on the W-2 form. If code K was incorrectly placed in Box 12, it might lead to incorrect taxation, as youve pointed out.

What is line 14 on tax return?

Employers can use it to report additional tax or income information for filing or informational purposes. Some employers use box 14 to report amounts deducted for State Disability Insurance taxes or union dues that may be tax deductible.

What is the Box 13 Code A on 1065 Schedule k1?

Code A - Cash Contributions 60% Report the amount as it is reported to you on your Box 13 Code A. This amount will automatically pull to Schedule A, subject to the 60% AGI limitation on such contributions. Prior to the passage of the Tax Cuts and Jobs Act this deduction was subject to a 50% AGI limitation and not 60%.

A Total amount reported on federal Form 1065, Schedule K, line 14a, or federal Form 1065-B, Schedule-2025

Here's how it works