A partnership files a:

A Form 1040

B Form 1065 (informational return) with Schedule K-1s for each partner

C Form 1120

D Form 990

✓ Correct Answer: Option B

Partnerships file Form 1065 as an informational return and issue K-1s showing each partners share of income.

💡 Why is B) the correct answer?

The correct answer to the question "A partnership files a:" is Option B: Form 1065 (informational return) with Schedule K-1s for each partner.

The other options — A) Form 1040, C) Form 1120, D) Form 990 — are incorrect for this CPA Exam Prep question. As explained above: Partnerships file Form 1065 as an informational return and issue K-1s showing each partners share of income.

📚 About This CPA Exam Prep Practice Question

This 2-level CPA Exam Prep question from the Regulation (REG) topic is part of BrainForge Quiz's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.

How to use this page: Read the question above, consider all four options (A through D), then check the highlighted correct answer and explanation. For active timed practice, start a free CPA Exam Prep practice test or use flashcards for spaced repetition review.

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A partnership files a:

✓ Correct Answer: Option B

📚 About This CPA Exam Prep Practice Question

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