Form K-1 for a limited partnership held 1 day and sold for a loss. Part III line 1 is 0, lines 2 and 3 blank. ALL other Part III lines are blank or 0. Line 16 has CANADA and several codes, all 0 values. Federal Review flags it with "Sch K-1 Wks-Partnerships (NGL ENERGY PARTNERS LP): Box 16 Description-1 has been entered for more than one type of income. Use separate K-1 worksheets to report more than one type of foreign gross income sourced at the entity level."
Is there some way to get through this without all of those extra K-1 entries (all 0s)?
