It seems all my K-1s in 2023 are including K-3s even if there is only US income. Turbotax Business still doesn't ask about Box 16 and if you check the box on the Forms view, it doesn't allow you to put any additional information.
Is there some way to activate this or does Turbotax Business just not support K-1's anymore? It seems like almost any investment is including K-3s now.
Also, I'm getting mixed data on this but it seems that for most K-3s if the income is all US or <$300 then you don't have to include the K-3 with the K-1 filing. Is that mostly accurate?
Also, none of these K-1s have any Box 21 filled out - does that generally mean the K-3 is ignorable?
