This draft of Schedule C (Form 1065) contains proposed changes for tax year 2008.

We invite you to email comments on the changes to: Judith.A.McNamara@irs.gov.

SCHEDULE C (Form 1065)
Department of the Treasury Internal Revenue Service

Additional Information for Schedule M-3 Filers
Attach to Form 1065. See separate instructions.

OMB No. 1545-0099

Name

1

At any time during the tax year, were there any transfers between the partnership and its partners subject to the disclosure requirements of Regulations section 1.707-8? If “Yes,” attach a statement providing information about the transfers At any time during the tax year, did any individual or entity meet both of the following conditions? the partnership.

2

a The individual or entity owned an interest of 50% or more, directly or indirectly, in the profit, loss, or capital of b The individual or entity owned 50% or more, directly or indirectly, in any corporation, any other partnership

(including an entity treated as a partnership), or any trust required to file a U.S. income tax return or a return of income For rules of attribution, see sections 267(c) and 707(b). If “Yes,” identify those other entities owned by the individual or entity referred to in b above. Name of entity Name of entity 3 EIN EIN

f o s 7 a 0 ft 20 ra 0/ D /3 7 0

2008
Yes No

Employer identification number

Do the amounts reported on Schedule M-3, Part II, lines 7 or 8, column (d), reflect allocations to this partnership from another partnership of income, gain, loss, deduction, or credit that are disproportionate to this partnership’s capital contribution to such partnership or its ratio for sharing other items of such partnership? At any time during the tax year, did the partnership sell, exchange, or transfer any interest in an intangible asset to a related person as defined in Regulations section 1.6038B-2(i)(4)? At any time during the tax year, did the partnership acquire any interest in an intangible asset from a related person as defined in Regulations section 1.6038B-2(i)(4)?

4

5

6a During the tax year, did the partnership enter into a cost-sharing agreement with any related foreign party on whose behalf the partnership did not file Form 8865, Return of U.S. Persons WIth Respect to Certain Foreign Partnerships?
b At any time during the tax year, was the partnership a participant in a cost-sharing agreement with any related

foreign party on whose behalf the partnership did not file Form 8865? 7 At any time during the tax year, did the partnership make any change in accounting principle for financial accounting purposes? At any time during the tax year, did the partnership make any change in a method of accounting for U.S. income tax purposes?
Cat. No. 49945S

8

For Paperwork Reduction Act Notice, see the Instructions for Form 1065.

Schedule C (Form 1065) 2008

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