DaveF1006
Expert Alumni

Get your taxes done using TurboTax

This is something that should have been reported in Box 2 of your k-1. Is this amount reported there?  I think what happened here is that this income is reported to the foreign partners in your partnerships to be reported on their tax returns but has no relevance to you.

 

According to the K-3 requirements, K-3's are sent out to ALL partners regardless if they have a reporting requirement or not because of  international tax relevance.

 

@Jasmith63  

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