jrb7
Level 1

Get your taxes done using TurboTax

Do I still need to wait to efile a return with a K1 or should this be working now? I'm unable to file due to an error, so it seems like the feature is available now but something is wrong. (?)

I'm getting the same error from the start of this thread. "Box 16 Description has been entered for foreign tax paid or accrued but no entry has been made for codes D-H for foreign sourced income at the individual level on the K-1 Additional Information worksheet line 1." 

 

On my K1 I received, I have the foreign income coded as B "Gross income from all sources" and I have info for code P "Total foreign taxes paid." It sounds like Turbo Tax doesn't think Box B is a valid way to code the foreign income this year because the description doesn't explicitly say "foreign", but Box 16 is the foreign transactions, so it would seem all the codes for Box 16 would related to foreign income. 

 

I had the same two codes combo (B & P), same descriptions last year and it filed fine so it seems like a bug in TurboTax last year or this year, but not sure where to go to find answers. 

 

Anyone else having issues with this? Did the rules on this change from 2019 to 2020?