For a 2018 K-1, I have Part III, 16B, D & F entries. How many K-I worksheets are needed and are these amounts entered on the first K-1 form and the add'l forms?
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
New Member

For a 2018 K-1, I have Part III, 16B, D & F entries. How many K-I worksheets are needed and are these amounts entered on the first K-1 form and the add'l forms?

I am getting a Review check on item 16B even though I have entered the amount on the main form and a 2nd form.

7 Replies
Highlighted
Level 6

For a 2018 K-1, I have Part III, 16B, D & F entries. How many K-I worksheets are needed and are these amounts entered on the first K-1 form and the add'l forms?

You'll need to enter your form K-1 as 2 separate K-1s.

On the first K-1, you enter all other boxes and boxes 16 B and 16 D.

On the second K-1, you enter just box 16 F.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Highlighted
New Member

For a 2018 K-1, I have Part III, 16B, D & F entries. How many K-I worksheets are needed and are these amounts entered on the first K-1 form and the add'l forms?

That did not solve the problem.  I still have a review comment on line 16B.
Dexter D
Highlighted
Level 6

For a 2018 K-1, I have Part III, 16B, D & F entries. How many K-I worksheets are needed and are these amounts entered on the first K-1 form and the add'l forms?

What is the review comment or error code you are getting?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Highlighted
New Member

For a 2018 K-1, I have Part III, 16B, D & F entries. How many K-I worksheets are needed and are these amounts entered on the first K-1 form and the add'l forms?

My 1st K-1 entries:  
16 code B 404;
16 code D 6;
16 code F 257;
16 code I 87

My 2nd K-1 entry:  16 code F  257
The review comment is:  "Box 16 Descrip-1 has been entered for more than 1 type of income.  Use separate K-1 wkshts to report more than 1 type of foreign gross income sourced at the entity level."
On the 1st K-1, the review screen is highlighting in red the description "Gross income from all sources" on the Code B line.  
Highlighted
Level 6

For a 2018 K-1, I have Part III, 16B, D & F entries. How many K-I worksheets are needed and are these amounts entered on the first K-1 form and the add'l forms?

You have entered Box 16 code F 257 on both K-1s which is correct. You should delete the Box 16 code F entry from your first K-1. Hope this helps!
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Highlighted
New Member

For a 2018 K-1, I have Part III, 16B, D & F entries. How many K-I worksheets are needed and are these amounts entered on the first K-1 form and the add'l forms?

After making that change, it essentially told me on the 1st K-1 that Box 16 Code M (passive foreign deductions) was inconsistent with Code F.  This was the first time a review comment related to Code M had appeared.  I made Code M blank on the 1st K-1 and  entered the amount on the 2nd K-1.  This seems to have solved the issue.
Highlighted
Level 6

For a 2018 K-1, I have Part III, 16B, D & F entries. How many K-I worksheets are needed and are these amounts entered on the first K-1 form and the add'l forms?

I'm glad that it helped solve your problem.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Privacy Settings