Form 1065-B

(redirected from Forms 1065B)

Form 1065-B

A form that a large partnership files with the IRS stating its profits, losses, deductions, and credits, as well as its partners' shares of the same. While Form 1065-B may be used to pay some minor taxes, most partnerships do not pay taxes directly and the tax liability is passed through to each partner. Companies that may be required to file Form 1065-B include general partnerships, limited partnerships, and limited liability companies.