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Returning Member
posted Apr 3, 2025 7:57:23 PM

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

The K-1 received is for Domestic Limited Paratnership

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1 Replies
Expert Alumni
Apr 3, 2025 8:16:43 PM

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.