I looked at your 1099 MISC's and i don't see where (1099-MISC - $634.25) is reflected anywhere. Where is this recorded as a lump sum payment? i am sure Sabine sent you the letter not realizing the income was already reported by Charles Schwab, if it was reported as a lump sum like you mentioned.
My question to you is though, are you sure the income was reported elsewhere? If so, then you will want to remove the entry that I suggested making and not be concerned if it isn't reported separately a on Schedule E despite what the yellow letter instructed you to do.
If it is a lump payment reported elsewhere, it would be difficult to separate it to have it reported separately on a Schedule E. Also, if this amount is part of a larger total on a 1099 MISC, then it probably is reflected in a Schedule E embedded in a larger total.
As far as the k-3's, if you haven't received these yet, don't try to report these on your own. File without them and leave the box unchecked for Box 16. once you receive these, then i recommend you file an amendment. it won't be necessary to file an extension because a K-3 does not generate income that will result in a tax liability. it is used to claim a foreign tax credit if you earned foreign income in another country and paid tax on thiat income in the other country.
@blazman
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
