Yes, you are correct. An investment in a partnership means that your share of income, intangible drilling costs and other expenses or credits will be reported to you on your own 1065-K1.
Due Date:
Generally, a domestic partnership must file Form 1065 by the 15th day of the 3rd month following the date its tax year ended as shown at the top of Form 1065. For calendar year partnerships, the due date is March 15. Check with your partnership to see when you could expect your K1.
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