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v6.7.50

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Partnership Income Tax (Form 1065)

Learn to enter tax data for a Partnership into tax Form 1065 from a CPA

  1. Topics
  2. Finance & Accounting
  3. Tax Form Preparation

Partnership Income Tax (Form 1065)

InstructorRobert (Bob) Steele
Duration4h 11m
Students34.9K
Rating4.4 (1,010)
Sponsored
Price
$17.99
Coupon
None
No active coupon currently available
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Open on UdemyCurrent Udemy price

Coupon history

Comidoc has tracked 5 coupons for this course since 2025, last checked 8 months, 17 days ago. On average, a new coupon appears roughly every 75 days.

Coupon codeDiscountAddedStatusLifetime
17057FF0D277D031CD94100% offJan 30, 202601:54 PM UTCExpired~2 daysRan full term
8B13C9AA5035FE667BE1100% offNov 28, 202501:48 PM UTCExpired~4 daysRan full term
86CDCB2B9F43AC453417100% offNov 7, 202509:42 PM UTCExpired~5 daysRan full term
9DD72BE1FD7FD04FC4FE100% offOct 28, 202501:13 PM UTCExpired~5 daysRan full term
2BB648AA39428C4348BF100% offOct 10, 202511:19 AM UTCExpired~5 daysRan full term

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Comidoc Analysis

Tax Data Entry via Comprehensive Problem Walkthrough

Strengths

Integrated Workflow Logic

The curriculum uses an Excel worksheet to organize and track M-1 adjustments alongside the tax return process.

Comprehensive Problem Structure

Instruction follows a continuous, multi-step problem covering balance sheets, income statements, and Schedule K-1 entries.

Editorial course preview

What the public course preview actually shows

These 4 complementary views highlight concrete, legible examples from the course presentation.

Preview 1 of 4

This Excel worksheet presents a comparative Balance Sheet showing asset categories like current assets and property plant and equipment for both prior and current years.

Preview 2 of 4

This Excel worksheet displays an adjusted trial balance with columns for account names, debit and credit balances, tax adjustments, and final tax trial balance figures.

Preview 3 of 4

This screenshot shows the Lacerte tax software interface with Form 1065 populated, illustrating how to enter partnership business information and gross receipts.

Preview 4 of 4

This screenshot shows the Lacerte tax software interface generating a 2019 Schedule K-1 for a partnership, detailing partner share of income and deductions.

Limitations

Software and Data Obsolescence

The tax software used in the walkthrough is reported as outdated by learners, potentially impacting current relevance.

Rapid Instructional Pacing

The delivery speed can feel too fast, occasionally lacking the methodical explanation of 'why' certain adjustments occur.

Best suited to

  • Tax professionals seeking workflow logic
  • Accounting students with prior tax knowledge

Less suited to

  • Learners requiring current tax software training
  • Those preferring a slow, methodical instructional pace

Comidoc Score

5.9/10

Worth considering
Defined audience

Comidoc verdict

The curriculum follows a systematic entry of partnership data through a single, extensive case study. By combining Lacerte software walkthroughs with Excel-based tracking for M-1 adjustments, the instruction provides a view of how various income types and adjustments flow into Form 1065.

Significant concerns exist regarding the currency of the tools used. Multiple signals suggest the tax software is outdated, which may limit the practical utility of the technical demonstrations. Additionally, some learners find the instructional pace too rapid for a methodical understanding of complex adjustments.

This course makes sense for experienced tax professionals or advanced students who want to understand the logic of data organization and are comfortable navigating fast-paced instruction using their own current software.

Score breakdown

Curriculum depth
8.0

The curriculum covers specific adjustments like depreciation and Schedule K-1 entries through a multi-step problem.

Applied learning
5.0

The course is built around a single comprehensive problem and Excel integration rather than diverse independent projects.

Clarity & experience
5.0

Instructional signals are mixed; while some find it detailed, others report a pace that is too fast for thorough comprehension.

Currency & reliability
4.3

Learner feedback indicates the tax software and specific data used are outdated.

Audience fit
5.8

Selected from the course's public promotional preview. These images document visible presentation material only; they do not represent the complete paid curriculum.

The content aligns with the target audience of tax professionals and students, though it leans toward an advanced level.

More Related Topics

  • Regulatory Compliance313
  • Corporate Taxation32
  • Accounting & Bookkeeping40
  • Partnership Income Tax2
  • US Taxation Basics18
  • Tax Accounting Fundamentals56
  • Tax Compliance144
  • Individual Taxation25
  • S Corporation Income Tax5
  • Income Tax Computation35