WITAXLADY Posted February 21, 2021 Report Share Posted February 21, 2021 I have a client who switched from a Sch C to a 1065 with a major investment firm and the K-1 has foreign amounts in line 16. Atx e-file is asking for info - I do not know how to fix the numbers or answer to get rid of the red errors. K-1 Income category is required to foreign sourced income 16 B and D are filled out, Canada also K-1 Enter each sec 199A income in different columns as in separate K-1'sseparate Used Non line 1 and then put after this $$'s down in other income sstb for investment income Would someone help please? I can email the k-1 if that would woork I have a fair understanding of the QBIC but not so much the extras on the K-1 and this has me stumped - Quote Link to comment Share on other sites More sharing options...
Abby Normal Posted February 21, 2021 Report Share Posted February 21, 2021 Without seeing screenshots of the errors, I'll just say that there is a foreign section farther down on the K1 Input form where you have to enter additional info. Quote Link to comment Share on other sites More sharing options...
WITAXLADY Posted February 22, 2021 Author Report Share Posted February 22, 2021 I do not know how to do a screen shot? Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.