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                                          2021           CITY  OF  WALKER           W-1065
                                            PARTNERSHIP  INCOME  TAX  RETURN
                     For calendar year 2021 or other taxable period beginning ________________, 2021 and ending _______________, _________.

                                                                  IDENTIFICATION AND INFORMATION
          Name of Partnership                                                                         Federal Employer Identification Number
PLEASE
TYPE      Number and Street                                                                          Type of Return  - Check one
    OR                                                                                                Information only             Payment on behalf of all partners
PRINT     City, Town or Post Office                            State           Zip Code              Date Business Started
                                                                                                     Number of Employees on December 31,  2021
               Initial Walker Return                       Final Walker return                       Number of Partners
         ATTACH A COPY OF PAGES 1-5 OF FEDERAL FORM 1065                                             Telephone number
                                                                                                    SOCIAL SECURITY              COLUMN A       COLUMN B             COLUMN C
             NAME, HOME ADDRESS, SOCIAL SECURITY NUMBER                                                 OR FEDERAL               RESIDENT       NON-                 IF RESIDENT PART
              AND RESIDENCY STATUS OF EACH PARTNER                                                  IDENTIFICATION               OR CORPORATION RESIDENT    OF YEAR, INDICATE
             (Place a check mark in Column A or B or fill in Column C)                                  NUMBER                   FULL YEAR FULL YEAR                 TIME PERIOD
 (a)

 (b)

 (c)

 (d)

Note 1.  The partnership may pay tax for partners only if it pays for ALL partners subject to the tax.  If the partnership elects to use this return as an information return,     
         complete page 2 and fill in Column 1 below;  It will not be necessary to fill in Columns 2 through 6 since a computation of tax need not be made.
Note 2.  A partner who has other income in addition to the partnership income must file an individual return and show on such return the amounts entered below in Columns    
         1, 2 and 6.  A partner who is claiming his or her exemption as a member of another partnership is NOT entitled to claim the exemption in this partnership return in Column 3
    ALL PARTNERSHIPS                                     TAX PAYMENT BY PARTNERSHIP (If information return only, disregard this section)
             COLUMN 1                       COLUMN 2              COLUMN 3              COLUMN 4           COLUMN 5 (a)                     COLUMN 5 (b)             COLUMN 6
             TOTAL INCOME                   ALLOWABLE                                                      RESIDENT                         NON-RESIDENT               
             (From Page 2,                  INDIVIDUAL            EXEMPTIONS        TAXABLE INCOME         TOTAL TAX                        TOTAL TAX                CREDITS
         Schedule C, Column 7)              DEDUCTIONS         (See Note 2, above,      (Column 1 less    (Multiply Column 4       (Multiply Column 4                (See Instructions)
         (See Note 1 above)                 (See Instructions)    and Instructions)    Columns 2 and 3)                by .01)              by .005)
1.   (a)  $                      $                              $                    $                   $                        $                          $
2.   (b)
3.   (c)
4.   (d)
5.   (e)
6.  Totals $                              $                    $                    $                   $                        $                          $
7.  Total tax (Add Line 6 of Column 5a and Column 5b)                                                                  $
                                                                                                                                                        Do not write in space below
                                                         PAYMENTS AND CREDITS                                                                    File        Items
  8.  a.  Tax paid with tentative return                                                                    $
       b.  Payments and credits on 2021 Declaration of Estimated Walker Income Tax                          $                                   Code
       c.  Other Credits - explain in attached statement                                                    $
  9.  TOTAL - Add Lines 8a, b and c.  (This total must agree with the total of Column 6 above)              $                                    Auditor
                                            TAX DUE OR OVERPAYMENT
 10.  If tax (Line 7) is larger than payments (Line 9) enter BALANCE DUE (PAY BALANCE DUE IN FULL                                                Approval
        WITH THIS RETURN.  MAKE REMITTANCE PAYABLE TO:  WALKER CITY TREASURER)                              $
 11.  If payments (line 9) are larger than tax (line 7), enter overpayment                                  $
 12.  Amount of  overpayment on line 11 to be applied to 2022 Estimated Tax                                                                                $
 13.  Amount of  overpayment on line 11 to be refunded                                                                                                     $
 14.  Amount of  overpayment on line 11 to be refunded via direct deposit to the following account:
  a.  Routing number                                                                                b.  Type of account:  Checking              Savings
  c.  Account number                                                                                                                                       $
15.  May the Income Tax Department discuss this return with the preparer shown below?                   Yes               No
I declare that I have examined this return (including accompanying schedules) and to the best of my knowledge and belief, it is true, correct and complete.
If prepared by a person other than the taxpayer, this declaration is based on all information of which the preparer has any knowledge.
SIGN HERE                                                                                                                                             (            ) -
                     (Date)                 (Signature of partner or member)                                             (Title)                                     (Phone number)
SIGN HERE                                                                                                                                             (            ) -
                     (Date)                 (Individual or firm signature of preparer)                                 (Address)                                     (Phone number)



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                                   SCHEDULE  A   -   ALLOCABLE PARTNERSHIP ORDINARY BUSINESS INCOME
   1.  ORDINARY INCOME (OR LOSS) from Page 1, Line 22, U.S. Partnership Return of Income, Form 1065  (ATTACH COPY OF PAGES 1-5 FEDERAL 1065)
   2.  Add City of Walker income tax, if deducted in determining income on Federal Form 1065
   3.  Add interest and other costs incurred in connection with the production of income exempt from Walker income tax
   4.  Deduct Sec. 179 depreciation
   5.  TOTAL adjusted ordinary business income (Add Lines 1, 2  and 3 and subtract line 4)
                                            SCHEDULE  B  -  NON-BUSINESS INCOME AND EXCLUSIONS
                                                                                                 COLUMN 1  COLUMN 2         COLUMN 3     COLUMN 4                 COLUMN 5
                                                                                                           EXCLUDABLE       TAXABLE      EXCLUDABLE               TAXABLE
      ATTACH COPY OF FEDERAL SCHEDULE K (1065)                                Federal         NON-BUSINESS RESIDENT         RESIDENT     NONRESIDENT              NONRESIDENT
ATTACH SCHEDULES TO EXPLAIN ALL EXCLUSIONS                                    Form 1065          INCOME    PARTNERS         PARTNERS     PARTNERS                 PARTNERS
                                                                              Reference                    PORTION OF     PORTION OF     PORTION OF               PORTION OF 
                                                                                                           COLUMN 1         COLUMN 1     COLUMN 1                 COLUMN 1
 INTEREST AND DIVIDENDS
1.  Interest income                                                           Sch. K, Line 5   
2.  Dividend income                                                           Sch. K, Line 6a  
 SALE OR EXCHANGE OF PROPERTY  (SEE INSTRUCTIONS)
3.  Net short term capital gain (loss)                                        Sch. K, Line 8
4.  Net long term capital gain (loss)                                         Sch. K, Line 9a
5.  Net Section 1231 gain (loss)                                              Sch. K, Line 10
 RENTS AND ROYALTIES  (IF NON-BUSINESS INCOME INCLUDES RENTAL REAL
                                              ESTATE,  ATTACH COPY OF FEDERAL FORM 8825)
6.  Net income (loss) from rental real estate activities                      Sch. K, Line 2
7.  Net income (loss) from other rental activities                            Sch. K, Line 3c
8.   Royalty Income                                                           Sch. K, Line 7
OTHER INCOME
9.  Other Income                                                              Sch. K, Line 11
  10.  TOTALS (Add lines 1 through 9)                                                                                     *                                      *
                                                         SCHEDULE  C  -  DISTRIBUTION TO PARTNERS
         COLUMN 1      COLUMN 2                    COLUMN 3                   COLUMN 4                 COLUMN 5           COLUMN 6a      COLUMN 6b                COLUMN 7
         ADJUSTED      GUARANTEED                  INCOME SUBJECT             NONRESIDENT             ALLOCATED           RESIDENT       NONRESIDENT             TOTAL INCOME
         BUSINESS      PAYMENTS TO                 TO ALLOCATION              ALLOCATION             BUSINESS INCOME PARTNER'S NON-      PARTNER'S NON-          (Add Columns 5,
         INCOME        PARTNERS                    (Add Column 1 and  PERCENTAGE PER                 (Column 3 times BUSINESS INCOME BUSINESS INCOME              6a and 6b)
      (Schedule A,     (Fed. 1065, line 10)              Column 2)            SCH. D (Enter100%      % in Column 4)  (Total equals  Sch. B (Total equals  Sch. B (Enter here and on
         Line 5)                                                              for resident partners)                  Column 3, Line 10) Column 5, Line 10)       page 1, column 1)
 (a)                                                                                            %
 (b)                                                                                            %
 (c)                                                                                            %
 (d)                                                                                            %
 (e)                                                                                            %
Totals
                                                   SCHEDULE  D   -   BUSINESS  ALLOCATION  FORMULA
                                                                                                       COLUMN 1             COLUMN 2                             COLUMN 3
                                                                                                 LOCATED EVERYWHERE       LOCATED IN WALKER                      PERCENTAGE
 1.    a.   Average net book value of real and tangible personal property                                                                              (Column 2 divided
         b.   Gross annual rent paid for real property only,  multiplied by 8                                                                                    by Column 1)
         c.   TOTALS  (Add Lines 1a and 1b)                                                                                                                                   %
 2.  Total wages, salaries, commissions  and other compensation of all employees                                                                                              %
 3.  Gross receipts from sales made or services rendered                                                                                                                      %
 4.  Total Percentages  - add the percentages computed  in Column 3, Lines 1c, 2 and 3 (A percentage must be computed for each line)                                          %
 5.  Business Allocation Percentage  (Divide Line 4 by the number of factors)  Enter here and on  Schedule C, Column 4  (See note below)                                      %
 NOTE 3. In determining the business allocation percentage (Line 5), a factor shall be excluded from the computation only when such factor does not exist anywhere
         insofar as the taxpayer's business operation is concerned, in such cases, the sum of the remaining percentages shall be divided by the number of factors actually used.
 In the case of a taxpayer authorized by the Income Tax Administrator to use one of the special formulae, attach an explanation and use the lines provided below:
       a.  Numerator                                                           c.  Percentage (a divided by b)  Enter here and on Schedule C, Column 4
       b.  Denominator                                                         d.  Date of Administrator's approval letter
                                                         SCHEDULE  E   -    RENTAL REAL ESTATE  
If the business activity of this partnership includes rental of real estate, indicate below the complete address and the gain or loss of each property. 
PROPERTY               STREET ADDRESS                                         GAIN OR LOSS       PROPERTY                 STREET ADDRESS                         GAIN OR LOSS
A                                                                                                    D
B                                                                                                    E
C                                                                                                TOTALS   (ATTACH COPY OF FEDERAL FORM 8825)
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