jaybird78
New Member

On K1 1065, how to distinguish between U.S. Source and Foreign Income (Box 16 - Gross Income, Interest Expense, Other Expenses)?

Prompt states:  Enter the following detail about the foreign income reported on your K-1 for XXX & Co. L.P.  I can't figure out how to distinguish.  Since box 16 is foreign, wouldn't it all be?