I have an LLC and did taxes using TurboTax. It issued me and my wife K-1's that have in Box 20 a code Z and note "STMT." When I do my personal taxes and input this K-1, it asks me to fill out a secondary form, Schedule K-3 Foreign Transactions Smart Worksheet. No matter what I enter, it keeps coming back as an error. When I go to file my personal federal tax return electronically, Turbo Tax won't do it until I fill out the form properly, but nothing works. Can anyone tell me what I am supposed to enter on Line 20 for the Schedule K-3 Foreign Transactions Smart Worksheet, and for the + window that pops up when I try to type in an amount on that line; it asks me for a DESCRIPTION and an AMOUNT?
