Schedule P
(Form 1040-NR) Template

Use this schedule to report a foreign partner’s transfers of interests in certain partnerships during the tax year.

By using this template, you agree to our Template Terms of Use.

Why use a Schedule P (Form 1040-NR)?

This schedule helps foreign partners list transferred partnership interests and related gain or loss details.

Track partnership transfers

Record each partnership interest transferred during the tax year.
Report gain or loss

List proceeds, outside basis, and ordinary or capital gain amounts.
Use Schedule K-3 details

Enter amounts from Schedule K-3 for specified partnership transfer lines.

This template includes transfer details, partnership identifiers, gain or loss lines, and related computations.

Transfer listing
Provides rows for partnership interests acquired and transferred during the year.
Partnership identifiers
Captures partnership name, address, and employer identification number.
Proceeds and basis
Records amount realized, section 705 outside basis, and outside gain or loss.
Ordinary and capital gain
Separates ordinary gain or loss from capital gain or loss amounts.
Look-through gains
Includes collectibles, unrecaptured section 1250, and residual capital gain lines.
Section 897(g) amount
Provides a line for gain or loss from U.S. real property interests.