US Partnership returns Form 1065 due 16 March 2020

US partnerships with December 31st year-ends must file their US partnership returns Form 1065 by Monday, 16 March 2020. For those who need additional time file Form 7004 to request a 6 months extension to file. The extension (Form 7004) is due by the original due date of the return, which would be 16 March 2020.

Non-US partnerships based outside the United States that have income that is effectively connected with US trade or business (ECI), or have other income sourced to the United States are also required to file Form 1065.

However, partnerships with December 31st year-ends, with books and records outside the US, generally have until Monday 15 June 2020 to file their returns, or request an additional extension, so no extension is necessary by 16 March 2020.

If in doubt, please feel free to reach out to confirm your requirements with us.

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