MACE Partnership Questionnaire

Data For*

Partnership Legal Name (Also include DBA if different)*

Partnership Phone Number*

Name of Partner Responsible for Signing Tax Return*

Partnership Email*

Is your partnership registered with the NC Secretary of State (LLC)*

YesNoUnsure

How would you like to file your annual report with the Secretary of State?*

I would like MACE to file ($99)I will file myself

Would you like MACE Entrepreneur Solutions to act as your Registered Agent?*

Yes ($200)No, a partner will be listed as the registered agent

Have you filed the BOI form for your company?*

NoYesWhat is the BOI FormI would like MACE to file for the partnership ($500 fee)

Is there a written partnership agreement? (If this is the first year of the partnership’s existence, please provide a copy of the agreement.)*

YesNo

Are all partners actively participating in the business?*

YesNo

Is any partner in the partnership a disregarded entity, a partnership, a trust, an S corporation, or an estate?*

YesNo

Is the partnership a partner in another partnership?*

YesNo

Did any foreign or domestic corporation, partnership, trust, tax-exempt organization, individual, or estate own directly or indirectly 50% or more of the profit, loss, or capital of the partnership?*

YesNo

Did the partnership own 20% or more directly or 50% or more directly or indirectly of the total voting power of all classes of stock entitled to vote of any foreign or domestic corporation?*

YesNo

Did the partnership have any debt that was cancelled, forgiven, or had the terms modified so as to reduce principal amount of debt (Examples: Loans, Credit Cards, Mortgages, PPP aka paycheck protection program)?*

YesNo

At any time during this tax year, did the partnership (Check all that apply):*

Receive a digital asset (as a reward, award, or payment for property or services)Sell, exchange, or otherwise dispose of a digital asset (or a financial interest in a digital asset)Neither of these apply

At any time during this tax year, did the partnership (Check all that apply):*

Have an interest in a financial account in a foreign countryHave signature authority over a financial account in a foreign countryNeither of these apply

Does the partnership satisfy the following conditions (Check all that apply):*

The partnership’s total GROSS receipts for the tax year were LESS than $250,000The partnership’s TOTAL ASSETS at the end of the tax year were LESS than $1 millionNeither of these apply

Did the partnership pay contractors $600 or more via Cash, Check, Venmo, PayPal, Apple Pay, ACH for any services provided for your business?*

NoYes and I filed all required 1099'sYes and I did not file all required 1099'sUnsure

Did the partnership pay lawyer's $600 or more for services provided for your business?*

NoYes and I filed all required 1099'sYes and I did not file all required 1099'sUnsure

Did the partnership pay rent to anyone for your business?*

NoYes and I filed all required 1099'sYes and I did not file all required 1099'sUnsure

Does MACE Entrepreneur Solutions do the bookkeeping for your business?*

NoYesNo, but I would be interested in getting a quote for your services

Do you have any Income / Expenses / Assets Purchased or Sold that are not included in your books?*

No, I have informed MACE of all the business Income / Expenses / AssetsYes, I need a space to list out any missing business Income / Expenses / Assets

Did you purchase or sell any Assets during the tax year?*

NoYes, I need a space to list out assets purchased or sold

Did the partnership pay any FICA on employee wages for tips above minimum wage?*

NoYes

Did the partnership own any residential rental buildings providing qualified low-income housing?*

NoYes

Did the partnership incur any research and experimental expenditures during the tax year?*

NoYes

Did the partnership have employer pension plan start-up costs?*

NoYes

Total number of employees in the pension plan*

Did the partnership pay health insurance premiums for W2 employees?*

NoYes

Total number of employees for which health insurance premiums were paid?*

Did the partnership purchase and place in service any electric vehicles or energy efficient commercial building property?*

NoYes

During the tax year were there any changes in the partners ownership percentages?*

NoYes

Property was distributed or transferred due to change of partnership ownership percentages (by sale or death)*

NoYes

NOTE:

* General Partner *
Partner who is personally liable for partnership debts and participates in the day to day activities of the business.

* Limited partner *
Partners liability for partnership debts is limited to the amount of money or other property contributed and they do not participate in the day to day activities of the business.

REQUIRED*

	Partner Full Name	Address	Phone #	Ownership percentage	General or Limited Partner*	U.S. citizen?
#1
#2
#3
#4
#5

Partner Transactions (Use partner # from above to link to a specific partner)

	Guaranteed payments	Health insurance premiums paid	Contributions from partner	Loans from Partner	Loans Repaid to Partner	Distributions to partner	Loans to Partner	Loans Repaid by Partner
#1
#2
#3
#4
#5

Purchases made with personal accounts and not reimbursed from the partnership

	Item	Date purchased	Cost	Date placed in service	New or used?
#1
#2
#3
#4
#5
#6
#7
#8
#9
#10

Business Income / Expenses / Assets Purchased that are not already included in your books

	Item	Date purchased	Cost	Date placed in service	New or used?
#1
#2
#3
#4
#5
#6
#7
#8
#9
#10

Business Property / Assets Sold or Disposed of that are not already included in your books

	Item	Date taken out of service	Date sold	Selling Price / FMV	Trade-in?
#1
#2
#3
#4
#5

Business Property / Assets Purchased

	Item	Date purchased	Cost	Date placed in service	New or used?
#1
#2
#3
#4
#5
#6
#7
#8
#9
#10

Business Property / Assets Sold or Disposed of

	Item	Date taken out of service	Date sold	Selling Price / FMV	Trade-in?
#1
#2
#3
#4
#5

Pass-Through Entity (PTE) Estimated Tax Payments paid by the partnership throughout the year. May not apply to all partnerships

	State	Amount	Date Paid
#1
#2
#3
#4

	Vehicle #1	Vehicle #2	Vehicle #3	Vehicle #4
Year
Make
Model
Car available for personal use during off-duty hours?
Do you (or your spouse) have any other cars for personal use?
Do you have evidence?
Is your evidence written?
Date car placed in service
Did you purchase, sell or trade for this car this year?
If Yes: Provide a copy of the bill of sale.
Cost of trade-in
Trade-in value
Does this vehicle have a loan on it?
Beginning of year odometer
End of year odometer
Business mileage
Commuting mileage
Other mileage
Fuel
Insurance
Parking fees/tolls
Tag Registration Fees
Repairs & Maintenance

Partnership Income (Please upload all 1099-K Forms, 1099-MISC Forms, and 1099-NEC Forms received)

	Amount
Gross Sales (Before taxes and fees)
Returns and Refunds
Interest Income (include all 1099-INT Forms)
Dividend income (include all 1099-DIV Forms)
Capital gain/loss (include all 1099-B Forms)
Other income (loss) (include a statement)

Partnership Expenses

	Amount
Accounting
Advertising
Annual corporation fees
Bank charges
Business licenses
Cell Phone
Cell Phone Business Use Percentage
Commissions and fees
Compensation of officers
Computer Software / Apps
Consulting
Contract labor (upload Forms 1099-NEC filed for contractors)
Dues / Subscriptions
Education / Training
Employee benefit programs - Accident Insurance
Employee benefit programs - Dental Insurance
Employee benefit programs - Medical Insurance
Employee benefit programs - Vision Insurance
Employee benefit programs - Retirement Plan - Employer Contributions
Gifts (Limited to $25 per person)
Insurance - Auto
Buildings
Equipment
Liability
Workers Comp
Interest Expense
Janitorial / Cleaning
Job Listing Fees
Legal Fees
Meals - promotional Events, Parties etc.
Meals - with customers or travel
Office Expense
Payroll - Processing Fees
Payroll - Taxes
Payroll - Wages
Guaranteed payments to partners
Permits
Postage / Shipping
Printing
Property Taxes
Rent - Building
Rent - Equpment
Repairs / Maintenance
Security
Supplies
Telephone - Land Line
Tools
Travel
Uniforms
Utilities
Waste Removal
Other:
Other:
Other:
Other:
Inventory Value at the beginning of the year (Wholesale Items or Fully Built Products on the shelf)
Purchases of Inventory Items (Wholesale Items Purchased for Retail Sale)
Inventory Value at the end of the year (Wholesale Items or Fully Built Products on the shelf)
Materials and Supplies (Items purchased for direct use in products built)
Cost of Labor (Directly related to product builds)

Year End Assets

	Amount
Sum of All Bank Accounts (end of year balance)
Accounts receivable at end of year
Loans to partners (Please upload a detailed loan agreement)
Sum of All Mortgages and Loans held by partnership (Owed to the partnership)
Stocks, bonds, and securities (owned by the partnership)
Other current assets owed to the partnership to be paid off within 1 year (include list)

Year End Liabilities

	Amount
Accounts payable balance at year end
Payables to be paid off within 1 year (Credit Cards etc.)
Payables to be paid off past 1 year
Mortgages, Loans, Notes Payable (Owed by the partnership)
Loans from partners (upload the loan document)
Partners' Capital Accounts (Funds invested by the partners)

File Upload (Supporting documents i.e. mileage log, bill of sale from vehicle purchase/sale, HUD statements from property purchase/sale)

Additional Notes for Tax Preparer

Name of Person Completing this Form*

Signature*

Partnership Tax Organizer

Partnership Business Credits

Principal Partners Ownership Information

Auto Expenses

Partnership Income & Expenses

Partnership Assets & Liabilities