Sethi Petroleum partners receive annual tax return documents for each partnership in which they are participating. This primarily is a schedule K-1 (IRS Form 1065) detailing the partner’s share of income, deductions, credits as well as upporting schedules detailing depletion allowance and reconciliation of income.

 

Sethi Petroleum tax return documents are prepared by our team of internal and external accountants and bookkeepers. Tax documents are prepared and delivered to Sethi Petroleum partners within 75 days of the end of the current tax year.