PatriciaV
Employee Tax Expert

Get your taxes done using TurboTax

Yes, you are correct. Box 14 Code B provides more information about the excess expenses given for Box 11A (foreign taxes). This is not duplication. The additional information flows to the Foreign Tax Info (Line 9) at the bottom of the K-1 Trust worksheet.

 

Note that the amount from Line 11A flows to Schedule 1 Line 24k and is reported on Form 1040 Line 10.

 

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