INSTRUCTIONS: ARIZONA RESIDENT PARTNER'S SHARE OF ADJUSTMENT TO PARTNERSHIP INCOME (Form 165 Schedule K-1)

To document a resident partner's share of adjustment to partnership income in Arizona, a Schedule K-1 is filed along with form 165. This document can be obtained from the website maintained by the Arizona Department of Revenue.

Arizona Resident Partner's Share Of Adjustment To Partnership Income 165 Schedule K-1 Step 1: If you are not filing for the calendar year printed on the form, enter the beginning and ending dates of your fiscal year.

Arizona Resident Partner's Share Of Adjustment To Partnership Income 165 Schedule K-1 Step 2: Indicate with a check mark whether this is an original or amended form.

Arizona Resident Partner's Share Of Adjustment To Partnership Income 165 Schedule K-1 Step 3: Indicate with a check mark whether you are filing on a calendar year or fiscal year basis.

Arizona Resident Partner's Share Of Adjustment To Partnership Income 165 Schedule K-1 Step 4: In the first blank box, enter the partner's identifying number.

Arizona Resident Partner's Share Of Adjustment To Partnership Income 165 Schedule K-1 Step 5: In the second blank box, enter the partner's employer identification number.

Arizona Resident Partner's Share Of Adjustment To Partnership Income 165 Schedule K-1 Step 6: In the third blank box, enter the partner's name, address and zip code.

Arizona Resident Partner's Share Of Adjustment To Partnership Income 165 Schedule K-1 Step 7: In the fourth blank box, enter the partnership's name, address and zip code.

Arizona Resident Partner's Share Of Adjustment To Partnership Income 165 Schedule K-1 Step 8: Enter the partner's percentage of profit sharing before the change or termination in the first column and at the end of the year in the second column of the table provided.

Arizona Resident Partner's Share Of Adjustment To Partnership Income 165 Schedule K-1 Step 9: On the second line of the table, enter the partner's share of loss sharing before the change and termination in the first column and at the end of the year in the second column.

Arizona Resident Partner's Share Of Adjustment To Partnership Income 165 Schedule K-1 Step 10: Enter the partner's percentage of ownership of capital in before the change and termination in the first column and at the end of the year in the second column. Complete lines 1 through 3 as directed.