- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
schedule k-1 Box 16 entry issue
My Schedule K-1, Box 16 has codes A, B, C, E, F, G, I, J, L, M, N, P, and Q. I got error message (and can't resolve it) when TurboTax perform "Smart Check". It says... "Box 16 Description has been entered for more than one type of income. Use separate K-1 worksheets to report more than one type of foreign gross income sourced at the entry level" .
I have no idea what to do here. Does it means that I have to enter a separate K-1 for each code (total 12 worksheet)? Experts Please help! I am so tired of trying to resolve it now. Thanks in advance!
‎August 2, 2021
8:16 AM