- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
It depends what version of Schedule K-3 you have. Sch K-3 (1065) reports foreign transactions on Box 16. Sch K-3 (1120S) uses Box 14.
In both cases, the only option to report US sourced foreign activity is "Various."
Column G (Total) is calculated from all Schedules K-3 entered on the return. This value appears on the e-filed form but isn't shown in Forms Mode.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 19, 2023
10:42 AM