This is your share only, of any income from a partnership.
Partnerships are legal entities where the partners share responsibility of the business and share the profits in an agreed percentage set by the partnership agreement.
The full details of the partnership income and expenses will be dealt with at the tax file of the partnership.
Filling out the form
You need to enter on your personal return:
- the name of the partnerships in which you have a partnership share
- the Tax Identification Number (TIN) of those partnerships
- your share of the taxable income from the partnerships
More information about partnerships see partnership tax information.