To be completed by partnerships filing Form IL-1065 or S corporations filing Form IL-1120-ST.
Step 1: enter your name as shown on your Form IL-1065 or Form IL-1120-ST, and your federal employer identification number (FEIN)
Apportionment: enter the apportionment factor from Form IL-1065 or Form IL-1120-ST, Line 42
Step 5: before using the information provided in Step 5, the recipient must read Schedule K-1-P(2) to correctly report the amounts listed in Columns A and B
Disclosure: disclosure of this information is REQUIRED; failure to provide this information could result in a penalty
| Question | Answer |
|---|---|
| Form Name | Schedule K-1-P |
| Form Length | 3 pages |
| Fillable? | Yes |
| Fillable fields | 218 |
| Avg. time to fill out | 37 min |
| Edition | R-12/25 |
| Issuing agency | Illinois Department of Revenue |
| Matches the agency's file | Yes, checked October 2, 2026 |
| Other names | K-1-P, K1P, K 1P, Schedule K-1-P, IL Schedule K-1-P, Illinois Schedule K-1-P, Form PTK-1 |
| Official source | Schedule K-1-P (Rev R-12/25), Illinois Department of Revenue |
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