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April 4, 2025
Question

What to do if Schedule K-1 marked box 16 but the Schedule K-3 is not attached nor available.

  • April 4, 2025
  • 1 reply
  • 0 views
The K-1 received is for Domestic Limited Paratnership

    1 reply

    AmyC
    Employee
    April 4, 2025

    Does your K-1 show any foreign tax paid? The k-3 goes with foreign tax to fill out the Form 1116 for foreign tax credit. If you do have foreign tax paid, contact the issuer for the k-3.

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