Thanks for answering Mike9241. The reason I am not entering my foreign partnership net loss into a K-1 is because I was advised by Critter-3 above not to. The partnership providing the Mock K-1 also said the information was for tax preparation guidance only, and that the Mock K-1 should not be filed. Also, I wouldn't be surprised if entering a K-1 in my tax return causes problems when a related 1065 was not submitted to the IRS by the partner. Certainly the easiest solution is to enter a K-1,and I have all the information, but that would be inaccurate. Should I do that anyway, just because the 8582 worksheet can't be completed without a fake K-1? That sounds problematic to me.
