- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Thanks Linda.
The question is not about where to report the tax that was paid. It is about reporting the income on which it was paid.
I report it once in the income section where you report income from rental property (in this case a capital gain from sale of a rental property).
Then in the section where you report foreign tax paid there is a question:
"Other gross income - [country name]"
So, it was not reported on 1099 and not on Schedule K1 but was reported before as I mentioned above.
And the question is if I need to report the income (not the tax paid on it) under this question "Other gross income - [country name]".
Thanks.
ā€ˇFebruary 25, 2021
11:22 AM