Total partnership income is reported to the IRS on Form 1065.

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Total partnership income is reported on Form 1065, which is called "U.S. Return of Partnership Income." This form is filed annually by partnerships to report their income, deductions, gains, losses, and other items to the IRS. The partnership itself does not pay taxes on its income; instead, each partner reports their share of the partnership income on their individual tax returns.

Total Partnership Income Is Reported to the IRS on Form