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Deductions & credits
Thank you for your reply. I would like a little clarification, please. As I understand it, you are saying I don't have to report the Schedule K-3 data if it is a U.S. Source (column A), which is understandable because there is nowhere in Turbo Tax where it asks for column A data. However, it DOES ask for column G data (Totals), and the column A data is included in column G. I'm also confused by Turbo Tax stating, "Foreign Country or U.S. Possession" above the pulldown of foreign countries. Should I still be reporting the column G data (since it is reported on the K-3) when it only includes U.S. Source?
Thank you for your clarification.
‎April 8, 2023
8:26 PM