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Get your taxes done using TurboTax
Entry for the Schedule K-3 on your federal tax return is ready to go in TurboTax.
Within your tax return using the magnifying glass to search k-1 and use the Jump to link in the search results. Enter the type of K-1 it is and when you mark box 16 it will walk you through entering the K-3s.
You will need to create a new K-1 for each country only if there is more than one type of foreign gross income in columns (b), (c), (d), and/or (e) of the K-3. If you only have information in 1 column for 3 countries you can list the Foreign Country or U.S. Possession dropdown box as Various. Then add the amounts for the different countries and enter them as one amount in the appropriate column. If your K-3 does list amounts in more than one of the columns (b - e), you will need to enter a separate K-1 worksheet for each column. You can still add the countries together and show the Foreign Country as Various for amounts in the same column.
Review the information below provided by @AliciaP1 for examples and additional information
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