IR7 Question 14 Income from another partnership

If the partnership or LTC received any income or loss from another partnership, write the details at Question 14.

Don’t include any:

• interest and RWT—show these at Question 11

• dividends, imputation credits, and dividend RWT—show these at Question 12

• Maori authority distributions and credits—show these at Question 13

• overseas income and any credits attached—show these at Question 16, see IR7 Question 16 Overseas income

• residential property income - show there at Question 18, see IR7 Question 18 Income and expenditure from residential property

• other rental income—show this at Question 19, see IR7 Question 19 Other rental activites income

• taxable property sales/disposals - show this at Question 20, see IR7 Question 20 Income from taxable sale/disposals of property

• other income—show this at Question 21, see IR7 Question 21 Other income.

Add up all the other income from partnerships and include the total in Box 14B. If a loss, put a minus sign in the last box.

Add up any other tax credits and include the total in Box 14A.