ignore US column
Line A: Name of country or U.S. possession - Enter from Schedule K-3, Part 2, Section 1, Line 24, description column(a,b,c)
Line B: Gross income from all sources - Enter from Schedule K-3, Part 2, Section 1, Line 24, Column G
Line C: Gross income sourced at individual level - Enter from Schedule K-3, Part 2, Section 1, Line 24, Column F
Line E: Foreign gross income - Foreign branch category - Enter from Schedule K-3, Part 2, Section 1, Line 24, Column B
Line F: Foreign gross income - Passive category - Enter from Schedule K-3, Part 2, Section 1, Line 24, Column C
Line G: Foreign gross income - General category - Enter from Schedule K-3, Part 2, Section 1, Line 24, Column D
Line H: Foreign gross income - Other - Enter from Schedule K-3, Part 2, Section 1, Line 24, Column E
Line I: Deductions allocated at individual level - Interest expense - Enter from Schedule K-3, Part 2, Section 1, sum of Lines 39-43, Column F
Line J: Deductions allocated at individual level - Other - Enter from Schedule K-3, Part 2, Section 2, Line 54 minus the sum of lines 39-43, Column F
Line L: Deductions allocated - Foreign branch category - Enter from Schedule K-3, Part 2, Section 2, Line 54, Column B
Line M: Deductions allocated - Passive category - Enter from Schedule K-3, Part 2, Section 2, Line 54, Column C
Line N: Deductions allocated - General category - Enter from Schedule K-3, Part 2, Section 2, Line 54, Column D
Line O: Deductions allocated - Other - Enter from Schedule K-3, Part 2, Section 2, Line 54, Column E
Line P: Total foreign taxes paid - Enter from Schedule K-3, Part 3, Section 4, Line 1, on Page 8 or 9 depending on income category, if "Paid" is checked
Line Q: Total foreign taxes accrued - Enter from Schedule K-3, Part 3, Section 4, Line 1, on Page 8 or 9 depending on income category if "Accrued" is checked
Line R: Reduction in taxes available for credit - Enter from Schedule K-3, Part 3, Section 4, Line 1, on Page 8 or 9 depending on income category if "Accrued" is checked
The following lines are not provided in the program. Enter on appropriate tax form.
Line S: Foreign trading gross receipts
Line T: Extraterritorial income exclusion
Line W: Section 965 information
Line X: Other foreign transactions
Line AA: Gross receipts per Regs 1.59A-7(e)(2). Current year.
Line AB: Gross receipts per Regs 1.59A-7(e)(2). First preceding year.
Line AC: Gross receipts per Regs 1.59A-7(e)(2). Second preceding year.
Line AD: Gross receipts per Regs 1.59A-7(e)(2). Third preceding year.
Line AE: Base erosion tax benefits from base erosion tax payments per Regs 1.59A-7(d)
Line AF: Amounts included in the denominator of the base erosion percentage per Regs 1.59A-2(e)(3)(i)
Line AG: Section 951A (GILTI) information. See instructions for Form 8992.
Line AH: Foreign derived intangible income (FDII) information
Line AI: Section 864(c)(8) foreign partner's distributive share of deemed sale items on transfer of partnership interest
as you'll note Turbotax only handles some info through Part III section 4. anything beyond that and you are on your own.
