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GG Tax · Compliance

Form 1065 Partnership and K-1

Prepare a partnership return and every partner's K-1.

3 Levels30 Partnership Case StudiesTax Year 20256 Months Access

Partnership returns are hard to learn on the job because each partner's K-1, capital account and basis must tie. This simulator lets you build and tie them yourself.

A simulator for US partnership returns. Follow ordinary income, separately stated items and liabilities from the partnership's books to Schedule K and each partner's K-1, then track capital accounts and outside basis.

Who It Is For

  • Staff working on partnership and fund returns
  • Students who want to understand K-1s from the preparer side

Skills You Build

Schedule K and K-1 AllocationSelf-Employment and QBICapital Account TrackingOutside Basis and §704(d)Partnership LiabilitiesDistributions and Gain
Sample screen
Sample screen

What You Learn

BasicPage 1, Schedule K, every partner's K-1, self-employment income, QBI, tax-basis capital, M-1 and M-2.
IntermediateOutside basis and the §704(d) limit, distributions above basis, property contributed and distributed, recourse and nonrecourse debt.
AdvancedForm 8825 rentals, qualified nonrecourse financing, §743(b) step-ups and special allocations.

What You Get

  • Guided Walkthrough: Every number moves from its source document to its line, step by step, with the rule and the maths. Auto-Play and narration included.
  • Your Own Numbers: 10 case studies per level. Each student gets unique figures, and New Version gives fresh numbers whenever you want to practise again.
  • Practice Mode: Blank lines to fill in yourself. Check My Answers shows what matches and hints at the rest.
  • Answer Sheet: Every correct value with its working, grouped by form or workpaper.
  • Scope and Assumptions: Each form lists what is included, excluded and assumed, so you know exactly what you are learning.
  • Presenter Mode: Large, clean screens for classrooms and team sessions.

Plans and Prices

Free Demo

₹0
  • One fixed-number case per level
  • Full guided walkthrough
Try the Demo

Basic

₹2,499 ₹1,999$19.99
Save ₹500
  • 10 Basic case studies
  • Walkthrough, practice and answer sheets

Intermediate

₹2,999 ₹2,499$24.99
Save ₹500
  • 10 Intermediate case studies
  • Walkthrough, practice and answer sheets

Advanced

₹3,999 ₹3,299$32.99
Save ₹700
  • 10 Advanced case studies
  • Walkthrough, practice and answer sheets

Complete BundleBest Value

₹9,499 ₹5,499$54.99
Save ₹4,000
₹7,797 if bought separately
  • All three levels: 30 case studies
  • Every form and workpaper in the lab

Already enrolled? Log in, then open your level: Basic · Intermediate · Advanced.

6 months of access. Secure Razorpay checkout: pay in Indian rupees, or in US dollars if you are outside India (choose at checkout).

FAQs

Do I see every partner's K-1?

Yes. Each case builds the K-1 for every partner, so you can see how the totals on Schedule K are split.

Does it track partner basis?

Yes. Intermediate covers outside basis, the §704(d) loss limit and distributions above basis.

Can I try it before buying?

Yes. The free demo has one fixed case per level so you can see the screens and the walkthrough.

How do I subscribe?

Choose a plan above and press Buy Now. Enter your name, login email and WhatsApp, pay on Razorpay, then activate on the Thank You page with your Payment ID. Teams of 10+ can ask for a team licence.

What do I need?

A current browser (Chrome, Edge, Safari or Firefox) and internet. A laptop works best for simulators. One login, up to 2 of your own devices.

How long is access?

6 months from activation. Refunds within 7 days (bundles as a whole).

Questions? WhatsApp us or see the FAQs. What each form covers: Scope & Assumptions.

Start FreeSee Plans

Your Details

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6 months of access. Your login works on up to 2 of your own devices. By paying you agree to the Terms and Refund Policy.