IRS Form 1065-X – IRS Forms, Instructions, Pubs 2026

IRS Form 1065-X – IRS Forms, Instructions, Pubs 2026 – Partnerships, LLCs taxed as partnerships, and certain REMICs use IRS Form 1065-X to correct errors on a previously filed Form 1065, Form 1065-B, or Form 1066 — or to request an Administrative Adjustment Request (AAR) under the Bipartisan Budget Act (BBA) regime. The current version is Form 1065-X (Rev. October 2025), and you can download the official PDF here: https://www.irs.gov/pub/irs-pdf/f1065x.pdf.

This guide covers everything you need to know based on the latest IRS instructions (Rev. October 2025) and official guidance.

What Is IRS Form 1065-X Used For?

You file Form 1065-X (if not e-filing the amended return) to:

  • Correct items on a previously filed Form 1065 (U.S. Return of Partnership Income), Form 1065-B, or Form 1066.
  • Make an Administrative Adjustment Request (AAR) for a BBA partnership.
  • File a partnership-partner modification amended return related to an audited BBA partnership’s imputed underpayment.

Note: Do not use Form 1065-X for a notice of inconsistent treatment under IRC §6222 — use Form 8082 instead.

Who Must File Form 1065-X?

  • Non-BBA partnerships (those that elected out of the centralized audit regime or have 100 or fewer eligible partners) — use it for paper-filed amended returns.
  • BBA partnerships (most partnerships with tax years beginning after 2017) — must file an AAR instead of a traditional amended return.
  • REMICs (Real Estate Mortgage Investment Conduits) — depending on startup date and BBA status.
  • The partnership representative (PR) or designated individual (DI) must sign and file AARs for BBA entities.

Amended Return vs. Administrative Adjustment Request (AAR): Key Differences

Scenario Use Form 1065-X For Who Files Furnish to Partners Pay Imputed Underpayment?
Non-BBA partnership correction Amended Return Any partner or authorized signer Amended Schedules K-1 (and K-2/K-3 if applicable) No (regular tax rules)
BBA partnership correction AAR Partnership Representative (PR) Forms 8986 (not amended K-1s) Yes (or push-out election)
Push-out election or no IU AAR with Forms 8985 & 8986 PR/DI Forms 8986 Push adjustments to partners

Filing Deadlines

Generally, file within 3 years after the later of:

  • The date the original return was filed, or
  • The last day to file the original return (without extensions).

For BBA AARs, you cannot file after the IRS mails a Notice of Administrative Proceeding (NAP) under §6231.

How to Complete Form 1065-X (Step-by-Step)?

Part I – Check the Appropriate Box (choose only one)

  • BBA AAR (most common for post-2017 partnerships)
  • Partnership-Partner Modification Amended Return (for modifying an audited partnership’s IU)

Part II – Amended or AAR Items for Partnerships (or Part III for REMICs only)

  • Column (a): Amounts from original or previously adjusted Schedule K
  • Column (b): Net increase (positive) or decrease (in parentheses)
  • Column (c): Correct amount
  • Explain every change in Part V

Part IV – Imputed Underpayment (IU) (BBA AARs only)

  • Always compute the IU (even if $0).
  • Pay electronically if possible, labeling as “BBA AAR Imputed Underpayment.”
  • Attach Form 8980 if requesting modifications to the IU.

Part V – Explanation of Changes

  • Provide a detailed explanation and supporting computations.

Required Attachments

  • Forms 8985/8986 (for BBA push-out or no-IU adjustments)
  • Amended Schedules K-1 (non-BBA only)
  • Amended K-2/K-3 (if international items changed)
  • Form 8980 (IU modifications)
  • Any supporting schedules/statements

Payment of Imputed Underpayment (BBA AAR)

If the IU is greater than zero and you do not elect push-out:

  • Pay via EFTPS (select “BBA AAR Imputed Underpayment”)
  • Or mail check with notation “BBA AAR Imputed Underpayment”
  • Interest and penalties accrue from the reviewed year due date

Push-out election → No payment required at partnership level; adjustments flow to partners via Form 8986.

Where to File?

Send to the IRS service center where you filed the original Form 1065.

Common Questions

Can I e-file an amended 1065 instead of using Form 1065-X?
Yes — for BBA partnerships, e-file a revised Form 1065 with box G(5) checked + Form 8082. Form 1065-X is primarily for paper filings.

What if I need to change the Partnership Representative?
Attach Form 8979 when filing the AAR.

Where to get the latest instructions?
Instructions for Form 1065-X (Rev. October 2025)
BBA AAR Filing Guidance

Final Tips

  • Always recompute the entire return before preparing Form 1065-X.
  • Keep detailed records — the IRS may request them.
  • Consider consulting a tax professional familiar with BBA rules, especially for imputed underpayment calculations.

Form 1065-X keeps your partnership’s tax reporting accurate and compliant. Download the form, review the instructions, and file promptly to avoid penalties and interest.

Sources: IRS.gov (About Form 1065-X, Instructions Rev. Oct 2025, BBA AAR guidance – all accessed February 2026). Always verify the latest versions directly on IRS.gov, as tax rules can change.