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Get your taxes done using TurboTax
It didn't make any difference on mine. I'm definitely not an accountant or tax professional but it appears what the K-3 does, basically, is split out the amount of domestic vs foreign shown on the K-1. My K-3 had no foreign component so it wouldn't have affected my taxes. I don't know what the effect would be for someone who did.
March 20, 2022
4:51 AM