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NOTE: Please read instructions (Florida Form F-1065N) before completing the schedules below. NOTE: Transfer data to Schedule III - A, Florida Form F-1120. F- Florida Form F-1065 is only processed when there is at least one partnership or corporation partner. Florida Schedule K-1 Equivalent is produced for The Florida corporate income/franchise tax is imposed on all corporations for the privilege of conducting business, deriving income, or existing within Deductions—portfolio income (other) (code L). Schedule K-1. Amounts paid for medical insurance (code M). Educational assistance benefits (code N). Dependent 26 Schedules , Instructions forSchedule C .. 29 Social Security Benefits and Equivalent Railroad Retirement Benefits 12 14 1 Important Reminders .The partnership must attach a statement listing all compensation paid or accrued for the taxable year other than that as shown on Schedule A or page 1 of the The partnership must check box "I" on page 1 of Form 3 and submit a completed Schedule 3-ET, Entity-Level Tax Computation, with Form 3. For additional