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                                                                                                                                                                                      F-1065
                                      Florida Partnership Information Return                                                                                                          R. 01/16
                                                                                                                                                                                    Rule 12C-1.051
                                                                                                                                                                      Florida Administrative Code
                                                                                                                                                                                    Effective 01/16
                                                                                         For the taxable year
                                              beginning                                ,         and ending                                ,                                   .

_________________________________________________________________________________________________________________             -
  Name of Partnership
                                                                                                                         Federal Employer Identification Number  (FEIN) 
_________________________________________________________________________________________________________________
  Street Address
_________________________________________________________________________________________________________________
  City                                  State                   ZIP
                                                                                                                              Principal Business Activity Code

 Part I.             Florida Adjustment to Partnership Income
A.  Additions to federal income:
  1.  Federal tax-exempt interest
       Total interest excluded from federal ordinary income
       Less associated expenses not deductible in 
       computing federal ordinary income                                              (                                 )
                                                                                         Net Interest
  2.  State income taxes deducted in computing federal ordinary income
  3.  Other additions

                                                                                                                                    Total                             A.
B.  Subtractions from federal income                                                                                                                                  B.
C.  Subtotal (Line A less Line B)                                                                                                                                     C.
D.  Net adjustment from other partnerships or joint ventures                                                                                                          D.
E.  Partnership income adjustment

  1.  Increase (total of Lines C and D)                                                                                                                               E. 1.
  2.  Decrease (total of Lines C and D)                                                                                                                                   2.(                          )

 Part II.            Distribution of Partnership Income Adjustment
  Partner’s name and address (Include FEIN)                                              (a)                              (b)                                              (c)
                                                                                                                                    Column (a) times Column (b) = partner's   
                                                                                      Amount shown  Partner's percentage                                              share of Line E.
  Note: If there is no adjustment on Line E, show partner’s percentage                on Line E, Part I,                 of profits Enter here and on Florida Form F-1120, 
  of profits in Column (b) and leave Columns (a) and (c) blank.                          above                                      Schedule I, Line 19 (if decrease, Schedule 
                                                                                                                                                                        II, Line 11)
A.

B.

C.

                     Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, 
                     it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.

 Sign Here
                     Signature of partner or member  (Must be an original signature.)          Date
                                                                                                                                    Preparer’s Tax Identification Number (PTIN)
                Preparer’s                                                                     Check if self-
 Paid           Signature                                          Date                        employed
 Preparer       Firm’s name (or yours                                                          FEIN
 Only           if self-employed)
                and address                                                                    ZIP
                Mail To: Florida Department of Revenue, 5050 W. Tennessee St., Tallahassee FL 32399-0135

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                                                                                                                                     F-1065
                                                                                                                                     R. 01/16
                                                                                                                                     Page 2

NOTE:  Please read instructions (Florida Form F-1065N) before completing the schedules below.

Part III. Apportionment Information
III-A.   For use by partnerships doing business both within 
                                                                            (a) Within Florida                   (b) Total Everywhere
         and without Florida

1.  Average value of property per Schedule III-C (Line 8)

2.  Salaries, wages, commissions, and other compensation paid or accrued 
  in connection with trade or business for the period covered by this return

3.  Sales

III-B.   For use by partnerships providing transportation 
                                                                            (a) Within Florida                   (b) Total Everywhere
         services within and without Florida

1.  Transportation services revenue miles (see instructions)

                                                                            Within Florida                       Total Everywhere
III-C.   For use in computing average value of property
                                                                            a. Beginning of Year b. End of Year c. Beginning of Year d. End of Year

1.  Inventories of raw material, work in process, finished goods

2.  Buildings and other depreciable assets (at original cost)

3.  Land owned (at original cost)

4.  Other tangible assets (at original cost) and intangible assets 
  (financial organizations only).  Attach schedule.

5.  Total (Lines 1 through 4).

6.  Average value of property in Florida (Within Florida), add 
  Line 5, Columns (a) and (b) and divide by 2. For average 
  value of property everywhere (Total Everywhere), add Line 5, 
  Columns (c) and (d) and divide by 2. 

7.  Rented property - (8 times net annual rent)

8.  Total (Lines 6 and 7).  Enter on Part III-A, Line 1, Columns (a)        _____________________________ _____________________________
  and (b)                                                                   Average Florida                      Average Everywhere

Part IV.  Apportionment of Partners' Share

                                          Percent of         Property Data                       Payroll Data    Sales Data
  Partner (Name and Address)              Interest In
                                          Partnership Within Florida        Everywhere Within Florida Everywhere Within Florida      Everywhere
A.

B.

C.

          NOTE:  Transfer data to Schedule III - A, Florida Form F-1120.

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F-1065N
Instructions for Preparing Form F-1065 R. 01/19
Rule 12C-1.051, F.A.C.
Florida Partnership Information Return Effective 01/19
Page 1 of 4

General Instructions Signature and Verification
An officer or person authorized to sign for the entity must
Who Must File Florida Form F-1065? sign all returns. An original signature is required. We will
Every Florida partnership having any partner subject to not accept a photocopy, facsimile, or stamp. A receiver,
the Florida Corporate Income Tax Code must file Florida trustee, or assignee must sign any return required to be
Form F-1065. A limited liability company with a corporate filed for any organization.
partner, if classified as a partnership for federal tax
purposes, must also file Florida Form F-1065. A Florida Any person, firm, or corporation who prepares a return for
partnership is a partnership doing business, earning compensation must also sign the return and provide:
income, or existing in Florida. • Federal employer identification number (FEIN).
Note: A foreign (out-of-state) corporation that is a • Preparer tax identification number (PTIN).
partner in a Florida partnership or a member of a
Florida joint venture is subject to the Florida Income Rounding Off to Whole-Dollar Amounts
Tax Code and must file a Florida Corporate Income/ Whole-dollar amounts may be entered on the return and
Franchise Tax Return (Florida Form F-1120). accompanying schedules. To round off dollar amounts,
drop amounts less than 50 cents to the next lowest dollar
A corporate taxpayer filing Florida Form F-1120 may and increase amounts from 50 cents to 99 cents to the
use Florida Form F-1065 to report the distributive share next highest dollar. If you use this method on the federal
of its partnership income and apportionment factors return, you must use it on the Florida return.
from a partnership or joint venture that is not a Florida
partnership. Taxable Year and Accounting Methods
The taxable year and method of accounting must be the
Where to File same for Florida income tax as it is for federal income
Florida Department of Revenue tax. If you change your taxable year or your method of
5050 W Tennessee St accounting for federal income tax, you must also change
Tallahassee FL 32399-0135 the taxable year or method of accounting for Florida
When to File income tax.
You must file Florida Form F-1065 on or before the first Final Returns
day of the fourth month following the close of your taxable If the partnership ceases to exist, write “FINAL RETURN”
year. at the top of the form.
If the due date falls on a Saturday, Sunday, or federal or
state holiday, the return is considered to be filed on time if General Information Questions
postmarked on the next business day. Enter the FEIN. If you do not have an FEIN, obtain one
Extension of Time to File from the Internal Revenue Service (IRS). You can:
To apply for an extension of time for filing Florida Form • Apply online at irs.gov
F-1065, you must complete Florida Form F-7004, Florida • Apply by mail with IRS Form SS-4. To obtain this
Tentative Income/Franchise Tax Return and Application form, download or order it from irs.gov or call
for Extension of Time to File Return. 800-829-3676.
You must file Florida Form F-7004 to extend your time Enter the Principal Business Activity Code that applies to
to file. A copy of your federal extension alone will not Florida business activities. If the Principal Business
extend the time for filing your Florida return. See Rule Activity Code is unknown, see the IRS “Codes for
12C-1.0222, Florida Administrative Code (F.A.C.), for Principal Business Activity” section of federal Form 1065.
information on the requirements that must be met for your
request for an extension of time to be valid. General Information
Both the income and the apportionment factors are
Extensions are valid for six months. You are only considered to “flow through” to the members of a
allowed one extension. partnership or joint venture.
Attachments and Statements Use parts I and II of the Florida Partnership Information
You may use attachments if the lines on Florida Form Return to determine each partner’s share of the Florida
F-1065 or on any schedules are not sufficient. They must partnership income adjustment.
contain all the required information and follow the format
of the schedules of the return. Do not attach a copy of the
federal return.

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F-1065N
R. 01/19
Page 2 of 4

Parts III and IV are used to determine the adjustment Line D. Net adjustment from other partnerships or
that must be made to each partner’s apportionment joint ventures
factors. For example, a corporate partner’s share of the If, because of Florida changes, the partnership’s share
partnership’s sales within Florida will be added to the of income from other partnerships or joint ventures is
corporation’s sales within Florida. The partner’s share different from the amount included in federal taxable
of the partnership’s “everywhere sales” will be added to income, you must make an appropriate adjustment on
the corporation’s “everywhere sales.” The corporation’s Line D. Attach a schedule explaining any adjustment.
sales apportionment factor, as reflected on Schedule III of
Line E. Partnership income adjustment
Florida Form F-1120, will be equal to:
Calculate the total partnership income adjustment (sum of
(corporation’s Florida sales + Lines C and D). Enter net increases to income on Line 1.
share of partnership’s Florida sales) Enter net decreases to income on Line 2.
(corporation’s everywhere sales +
share of partnership’s everywhere sales) Part II. Distribution of Partnership
Income Adjustment
Part I. Florida Adjustment to
Distributing each partner’s share of the total partnership
Partnership Income income adjustment (Part I, Line E) is accomplished in
Line A. Additions to federal income Part II.
1. Federal tax-exempt interest Each corporate partner must enter its share of the
Enter the amount of interest which is excluded from adjustment in Column (c) on its Florida Corporate Income/
ordinary income under section (s.) 103(a), Internal Franchise Tax Return (Florida Form F-1120). It should
Revenue Code (IRC), or any other federal law, less enter increases under “Other Additions” on Schedule I,
the associated expenses disallowed in computing Florida Form F-1120 and should enter decreases under
ordinary income under s. 265, IRC, or any other law. “Other Subtractions” on Schedule II, Florida Form F-1120.
2. State income taxes deducted in computing
federal ordinary income Part III. Apportionment Information
Enter the sum of any tax on or measured by income, You must complete this part if either the partnership or
which is paid or accrued as a liability to the District any of the partners subject to the Florida Income Tax
of Columbia or any state of the United States and is Code does business outside Florida.
deductible from gross income in computing federal
ordinary income for the taxable year. You should Florida taxpayers doing business outside the state
exclude taxes based on gross receipts or revenues. must apportion their business income to Florida based
on a three-factor formula. There are exceptions to
3. Other additions this three-factor formula for insurance companies,
Enter any other items you are required to add as an transportation services, citrus processing companies,
adjustment to calculate adjusted federal income. taxpayers granted permission to use a single sales factor
Line B. Subtractions from federal income under s. 220.153, F.S., and taxpayers who were given
Enter any items required to be subtracted as an prior permission by the Department to apportion income
adjustment to calculate adjusted federal income. using a different method under s. 220.152, F.S.
For example, s. 220.13(1)(e), F. S., provides for a The three-factor formula measures Florida’s share of
subtraction taken equally over a seven year period adjusted federal income by ratios of the taxpayer’s
corresponding to the add back to adjusted federal income property, payroll, and sales in Florida, to total property,
for the special bonus depreciation. payroll, and sales found or occurring everywhere.
Line C. Subtotal For more information about apportioning income see
Subtract Line B from Line A. s. 220.15, F.S., and Rule 12C-1.015, F.A.C.

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F-1065N
R. 01/19
Page 3 of 4

III-A, Line 1 (and Part III-C). Average value of property III-A, Line 3. Sales
The property factor is a fraction. The numerator of The sales factor is a fraction. The numerator of this
this fraction is the average value of real and tangible fraction is the total sales of the taxpayer in Florida during
personal property owned or rented and used during the the taxable year. The denominator is the total sales of
taxable year in Florida. The denominator is the average the taxpayer everywhere during the taxable year. Enter
value of such property owned or rented and used the numerator in Part III-A, Line 3, Column (a) and the
everywhere during the taxable year. The property factor denominator in Part III-A, Line 3, Column (b).
for corporations included within the definition of financial
Florida defines the term “sales” as gross receipts without
organizations must also include intangible personal
regard to returns or allowances. The term “sales” is not
property, except goodwill.
limited to tangible personal property, and includes:
Property owned is valued at original cost, without regard
(a) Rental or royalty income if such income is significant
to accumulated depreciation. Property rented is valued at
in the taxpayer’s business.
eight times the net annual rental rate. You must reduce
the net annual rental rate by the annual rental rate (b) Interest received on deferred payments of sales of
received from sub-rentals. real or tangible personal property.
In Part III-C, Lines 1 through 4, enter the beginning- (c) Sales of services.
of-year and end-of-year balances for property owned
(d) Income from the sale, licensing, or other use of
and used within Florida, as well as property owned and
intangible personal property such as patents and
used everywhere. Place the total value of the columns
copyrights.
on Line 5. Calculate the average values as provided on
Lines 6 and 7. Enter the Florida average in Part III-A, (e) For financial organizations, income from intangible
Line 1, Column (a). Enter the average everywhere in personal property.
Part III-A, Line 1, Column (b).
Sales will be attributable to Florida using these criteria:
III-A, Line 2. Salaries, wages, commissions, and other
(a) Sales of tangible personal property will be “Florida
compensation
sales” if the property is delivered or shipped to a
The payroll factor is a fraction. The numerator of
purchaser within Florida.
this fraction is the total amount paid to employees in
Florida during the taxable year for compensation. The (b) Rentals will be “Florida sales” if the real or tangible
denominator is the total compensation paid to employees personal property is in Florida.
everywhere during the taxable year. Enter the numerator
(c) Interest received on deferred payments of sales of
in Part III-A, Line 2, Column (a) and enter the denominator
real or tangible personal property will be included in
in Part III-A, Line 2, Column (b).
“Florida sales” if the sale of the property is in Florida.
For purposes of this factor, compensation is paid within
(d) Sales of service organizations are within Florida if
Florida if:
the services are performed in Florida.
(a) The employee’s service is performed entirely within
For a financial organization, “Florida sales” will also
Florida, or
include:
(b) The employee’s service is performed both within and
(a) Fees, commissions, or other compensation for
without Florida, but the service performed outside
financial services rendered within Florida.
Florida is incidental to the employee’s service, or
(b) Gross profits from trading in stocks, bonds, or other
(c) Some of the employee’s service is performed in
securities managed within Florida.
Florida and either the base of operations or the
place from which the service is directed or controlled (c) Interest, other than interest from loans secured by
is in Florida, or the base of operations or place from mortgages, deeds of trust, or other liens on real or
which the service is controlled is not in any state in tangible personal property found outside Florida.
which some part of the service is performed and the
(d) Dividends received within Florida.
employee’s residence is in Florida.
(e) Interest charged to customers at places of business
The partnership must attach a statement listing all
maintained within Florida for carrying debit balances
compensation paid or accrued for the taxable year other
of margin accounts, without deduction of any costs
than that as shown on federal Form 1125-A or page 1 of
incurred in carrying such accounts.
the federal Form 1065.

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                                                                                                                                      F-1065N
                                                                                                                                      R. 01/19
                                                                                                                                      Page 4 of 4

(f) Interest, fees, commissions, and other charges or              transportation of one passenger or one net ton of freight 
    gains from loans secured by mortgages, deeds                   the distance of one mile for a consideration.
    of trust, or other liens on real or tangible personal 
    property found in Florida or from installment sale                   Part IV. Apportionment of Partners’ Share
    agreements originally completed by a taxpayer or 
    his agent to sell real or tangible personal property           Each partner’s share of the apportionment factors is 
    located in Florida.                                            determined by multiplying the amount in Part III-A, on 
                                                                   Lines 1, 2, and 3 by the percentage interest of each 
(g)  Any other gross income, including other interest              partner. Amounts determined should be added to each 
    resulting from the operation as a financial                    partner’s apportionment factors included on its Florida 
    organization within Florida.                                   Form F-1120.
                                                                   Partnerships subject to a special industry apportionment 
III-B. Special Industry Apportionment Fraction
                                                                   fraction (for example, those engaged mainly in 
Special methods of apportioning income by taxpayers 
                                                                   transportation services) should adjust this schedule to 
providing insurance or transportation services are 
                                                                   report each partner’s share of the special apportionment 
provided. For example, the income attributable to 
                                                                   fraction (for example, revenue miles for transportation 
transportation services is apportioned to Florida by 
                                                                   companies).
multiplying the adjusted federal income by a fraction. 
The numerator is the “revenue miles” within Florida and 
the denominator is the “revenue miles” everywhere. For 
transportation other than by pipeline, a revenue mile is the 

                                                         Contact Us

     Information, forms, and tutorials are available on the Department's website at floridarevenue.com

     To speak with a Department representative, call Taxpayer Services at 850-488-6800, Monday through 
     Friday (excluding holidays).

     To find a taxpayer service center near you, visit floridarevenue.com/taxes/servicecenters

     For written replies to tax questions, write to: 
         Taxpayer Services - MS 3-2000
         Florida Department of Revenue
         5050 W Tennessee St
         Tallahassee FL 32399-0112

     Subscribe to our tax publications to receive due date reminders or an email when we post:
           •   Tax Information Publications (TIPs).
           •   Proposed rules, notices of rule development workshops, and more.
     Visit floridarevenue.com/dor/subscribe

                                                         References
                  The following documents were mentioned in this form and are incorporated by reference in the rules indicated below. 
                                 The forms are available online at floridarevenue.com/forms.

    Form F-1065                  Florida Partnership Information Return                     Rule 12C-1.051, F.A.C.

    Form F-1120                  Florida Corporate Income/Franchise Tax Return              Rule 12C-1.051, F.A.C.

    Form F-7004                  Florida Tentative Income/Franchise Tax Return              Rule 12C-1.051, F.A.C.
                                 and Application for Extension of Time to File Return

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