Oil and Gas Partnerships
Schedule K-1 Instructions
You may have received a K-1 prepared by our office. In order to save paper and mailing cost, we do not send instructions to Form K-1 to every partner.
You can find a printable file of the instructions to Form K-1 here.
Schedule K-1
We prepare K-1's for several oil and gas joint ventures.
Please refer to line by line instructions here to assist in completing your tax return.
Schedule E
Partnership income goes on line 28 column (h) or (j) if non-passive, columns (f) or (g) if passive.
Printable Schedule E.
Form 4562
Amortization of IDC goes on Part IV.
Printable Form 4562.
Form 1040 Schedule SE
Your oil and gas income (or loss) may be self-employment income. Net income from self-employment should be entered in Section A on Line 2.
Printable Form 1040 Schedule SE.
