When is the due date for filing Form 1065 for a calendar year partnership?

The due date for filing Form 1065, which is used by partnerships to report income, deductions, gains, losses, etc., is March 15 for calendar year partnerships. This deadline is set by the IRS and is important for ensuring compliance with tax filing requirements.

For partnerships operating on a calendar year, March 15 falls exactly two and a half months after the end of the tax year (December 31). This early deadline is designed to allow partnerships to report their income and deductions before the individual partners file their personal tax returns, which are generally due on April 15. Hence, understanding this timeline helps partnerships fulfill their filing obligations accurately and on time, enabling partners to report their share of the partnership income on their individual tax returns.