TT "Additional Info 1:Fgn Tax Code I Ln 2 col 3 is listed but no foreign source inc at ind level listed on K-1 add.info worksheet l Line 1." k1-1065, Box 16.
How to distinguish US source and Foreign source income? Sch k-1 worksheets for Box 16 has codes:
(1065 box 16 Foreign Transactions )
A Other countries (not specified which)
B Gross income, all sources
G Foreign gross income
I Deductions allocated at indiv level, interest exp
N Deductions, general cat
P Total for tax pd
Code H is NOT shown on the K1. But TT finds an error if I don't list a foreign income source. Not a number, but only choices on TT are:
lump sum distribution, 901j income, Income resourced by treaty
I called the company with the K1, but they have no other information. The source is not listed on the k1. What should I use?
