K-1 Schedule K-1 (Form 1065) for LIFE PARTNERS IRA HOLDER PARTNERSHIP LLC - Tax Year 2019

Sep 19, 2026

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Schedule K-1 (Form 1065) for LIFE PARTNERS IRA HOLDER PARTNERSHIP LLC provides the partner’s reported share of income, deductions, credits, and other items for calendar year 2019. The letter instructs the recipient to enter the amounts on their tax return per Schedule K-1 page 2 instructions and, if applicable, provide it to their accountant or attorney. It states the enclosed K-1 is the corrected K-1 for tax year 2019 and requests no contact with the trust. It also includes partnership and partner identification details, including the IRS filing center and partner TIN information.

LanguageEnglish

CategoryForms

FormatPDF

Pages7

Reading Time3 min

AccessFree to download

Schedule K-1 (Form 1065)

Part I Information About the Partnership

Part II Information About the Partner

Part III Partner's Share of Current Year Income, Deductions, Credits, and Other Items

Other Portfolio Income and Deductions (Box 11, Box 13)

SAMPLE LIFE PARTNERS IRA HOLDER PARTNERSHIP LLC 2001 BRYAN STREET, SUITE 1800 DALLAS, TX 75201 JOHN SMITH 1234 MAIN STREET DALLAS, TX 75201 926340 04-01-19 LIFE PARTNERS POSITION HOLDERS TRUST 2001 BRYAN STREET, SUITE 1800 DALLAS, TEXAS 75201 (214)560-5404 JOHN SMITH 1234 MAIN STREET DALLAS, TX 75201 RE: LIFE PARTNERS IRA HOLDER PARTNERSHIP LLC DEAR MEMBER: ATTACHED IS YOUR COPY OF THE 2019 PARTNERSHIP FORM 1065 SCHEDULE K-1 . THIS SCHEDULE SUMMARIZES YOUR INFORMATION FROM THE PARTNERSHIP . THIS INFORMATION HAS BEEN PROVIDED TO THE INTERNAL REVENUE SERVICE WITH THE U .S . PARTNERSHIP RETURN OF INCOME, FORM 1065. THE INFORMATION PROVIDED ON THIS SCHEDULE SHOULD BE ENTERED ON YOUR TAX RETURN, IN ACCORDANCE WITH THE INSTRUCTIONS IN SCHEDULE K-1, PAGE 2. IF YOUR RETURN WILL BE PREPARED BY YOUR ACCOUNTANT OR ATTORNEY, YOU SHOULD PROVIDE A COPY OF THIS SCHEDULE TO THE PREPARER WITH YOUR OTHER TAX INFORMATION . THE ENCLOSED K-1 IS YOUR CORRECTED K-1 FOR TAX YEAR 2019. PLEASE REPLACE THE PREVIOUSLY RECEIVED K-1 WITH THIS K-1 . PLEASE CONSULT YOUR TAX ADVISOR REGARDING ANY ACTION YOU MAY NEED TO TAKE . PLEASE DO NOT CONTACT THE TRUST REGARDING THIS DOCUMENT . WE CANNOT OFFER TAX ADVICE OR PROVIDE ANY ADDITIONAL INFORMATION OR EXPLANATION BEYOND WHAT IS SET FORTH IN THIS DOCUMENT . I THANK YOU FOR THE OPPORTUNITY TO SERVE YOU . SINCERELY, MICHAEL J QUILLING Schedule K-1 (Form 1065) Department of the Treasury Internal Revenue Service beginning 2019 For calendar year 2019, or tax year ending Partner's Share of Income, Deductions, Credits, etc. | See separate instructions. Part I Information About the Partnership A Partnership's employer identification number †Final K-1 †Amended K-1 OMB No. 1545-0123 Part III Partner's Share of Current Year Income, Deductions, Credits, and Other Items 1 Ordinary business income (loss) 15 Credits 0. 2 Net rental real estate income (loss) 16 Foreign transactions 3 Other net rental income (loss) 81-4644966 B Partnership's name, address, city, state, and ZIP code LIFE PARTNERS IRA HOLDER PARTNERSHIP LLC 2001 BRYAN STREET, SUITE 1800 DALLAS, TX 75201 C IRS Center where partnership filed return | OGDEN, UT D†Check if this is a publicly traded partnership (PTP) Part II Information About the Partner E Partner's SSN or TIN (Do not use TIN of a disregarded entity. See inst. ) 999-99-9999 F Name, address, city, state, and ZIP code for partner entered in E. See instructions. JOHN SMITH 1234 MAIN STREET DALLAS, TX 75201 G†General partner or LLC member-manager †X Limited partner or other LLC member H1†X H2† Domestic partner †Foreign partner If the partner is a disregarded entity (DE), enter the partner's: TIN Name I1 What type of entity is this partner? INDIVIDUAL I2 If this partner is a retirement plan (IRA/SEP/Keogh/etc. ), check here ~~~~† J Partner's share of profit, loss, and capital: Beginning Ending 4a 4b 4c 5 6a 6b 6c 7 8 9a 9b 9c 10 Guaranteed payments for services Guaranteed payments for capital Total guaranteed payments Interest income 22. Ordinary dividends Qualified dividends Dividend equivalents 2. Royalties Net short-term capital gain (loss) Net long-term capital gain (loss) Collectibles (28%) gain (loss) Unrecaptured section 1250 gain Net section 1231 gain (loss) 17 Alternative min tax (AMT) items 18 Tax-exempt income and nondeductible expenses 19 Distributions 20 Other information A 444. B 181. V * 31. Profit 0.0099999 % 0.0099999 % Loss 0.0099999 % 0.0099999 % 11 Other income (loss) Capital 0.0099999 % 0.0099999 % A* 420. Check if decrease is due to sale or exchange of partnership interest ~~~~† K Partner's share of liabilities: Beginning Ending 12 Section 179 deduction Nonrecourse 􀁿􀁿􀁿 $ 4. $ 8. Qualified nonrecourse 13 Other deductions financing 􀁿􀁿􀁿􀁿 $ $ L* 181. Recourse 􀁿􀁿􀁿􀁿 $ 0. $ 0. †Check this box if

FAQs

What is the purpose of the attached Schedule K-1 (Form 1065)?

The document summarizes the partner’s information from the partnership and provides amounts that must be entered on the partner’s tax return according to Schedule K-1 instructions.

How should the recipient use this Schedule K-1 on their tax return?

The recipient should enter the information on the applicable lines of their tax return in accordance with the instructions in Schedule K-1, page 2.

What does the document say about this being a corrected K-1?

The enclosed K-1 is identified as the corrected K-1 for tax year 2019, and the previously received K-1 should be replaced with this one.

Sep 19, 2026

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