Form hub • IRS • Updated 2026
By Srikanta M.Reviewed against FTB / SOS sources: September 2026Methodology

IRS 1065: Partnership Return (Multi-Member LLCs)

Federal information return for multi-member LLCs due March 15. Income passes to members via Schedule K-1.

Quick answers

What is IRS 1065 and when is it due?
Federal information return for multi-member LLCs due March 15. Income passes to members via Schedule K-1. Due: March 15 (extendable to Sep 15).

Key facts

  • Pairs with: California Form 568 + CA Schedule K-1 (568) per member.
  • Late cost: A federal per-partner, per-month penalty (inflation-indexed, about $250) stacks on top of California’s $18/member/month.
  • Single-member?: Disregarded LLCs skip 1065: Schedule C instead, plus Form 568 in California.

Deadline

March 15 (extendable to Sep 15) (IRS). Extensions extend filing where offered — never payment.

Full walkthrough

IRS 1065 is covered step by step, with worked examples, in Form 568 for multi-member LLCs. For every deadline in the year, see the 2026 compliance calendar.

Other forms

Sources

  • IRS form instructions; related guide on this site