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Deductions & credits
Yes, 16 F & G. I sent another question after I learned more about this help site. Here it is below:
How can I enter separate k-1s using multiple k-1 wks, to report more than one type of foreign gross income sourced at the entity level?
TT error states that Box 16 Description-1 has been entered for more than one type of income. My entries for Foreign gross income were Box 16 D and H. I understand that I need to separate 16 D and H, since they are both described as Foreign Gross Income, with one described as Foreign Gross Income – Section 951A category and the other as Foreign Gross Income – Other. How would I enter the 2 K-1 wks.
I hope you can help.
How can I enter separate k-1s using multiple k-1 wks, to report more than one type of foreign gross income sourced at the entity level?
TT error states that Box 16 Description-1 has been entered for more than one type of income. My entries for Foreign gross income were Box 16 D and H. I understand that I need to separate 16 D and H, since they are both described as Foreign Gross Income, with one described as Foreign Gross Income – Section 951A category and the other as Foreign Gross Income – Other. How would I enter the 2 K-1 wks.
I hope you can help.
June 3, 2019
12:24 PM