1. No, the Trust K-1's are available now. But, this appears to not be a Trust K-1, since foreign income is reported in Box 14 for a Trust K-1, but Box 16 for a Partnership. See this list for the most recent updates: TurboTax IRS Forms Availability.
2. The program is looking for more information about the foreign income. Going back through the original entry may be useful.
At Enter Box 16 Info, above the box for Enter Other Codes where Code B and P are entered, there is another entry for Box 16a - Foreign Country or U.S. Possession. This should be completed.
Secondly, if you are only reporting the earned income from this activity and foreign tax paid for a foreign tax credit, answer No to the question following Box 16, regarding claiming both the foreign earned income exclusion and the foreign tax credit.
If you are using TurboTax CD/Download, go to Forms Mode to open this worksheet.
There are not significant changes to the rules from 2019 to 2020.
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