PatriciaV
Expert Alumni

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.

 

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