Question

K-3 Form 1065

Forum|Forum|3 years ago
March 3, 2023
1 reply
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I have received a K-3 Form 1065. Parts II and III are checked 'Yes'. The K-3 has 5 entries for input in Column (a) U.S. Source, and 1 entry for Column (f) Sourced by partner, there are no Foreign Source entries. TurboTax Premier does not have any boxes to enter figures into Column (a) or (f). How do I proceed.

D

DavidD66

Parts II & III of a Schedule K-3 Form 1065 is used to claim a foreign tax credit on Form 1116 or 1118, on your personal tax return. If you don't have any Foreign Sourced amounts, you can ignore the K-3.

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