Hello.
I received my K3 for a MLP stock in Sep 2022. In K1 I have a 0 foreign tax in row 21.
In K3 - Part 1 - I have 2 boxes checked - 5.High Tax income and 8. Form 5471 information.
Sales
A. CJ ((a)US Source = -447) -> (g) Total = -447
Gross rental real estate income
A. CJ ((a)US Source = 1) -> (g) Total = 1
Interest income
A. CJ ((a)US Source = 24) -> (g) Total = 24
Qualified Dividends:
A. CJ ((a)US Source = 15) -> (g) Total = 15
---------------- Few other items populated (Line item 24, 25, 27, 28, 49 and 54)
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Line item 55: Net Income (loss): (a)US Source = -452) and (f) Sourced by partner = -262 -> (g) Total = -713
Section 4 : Foreign taxes is blank.
Please let me know. Thanks.
