Schedule K-1, Box 16 problem that prevents me from E-filing

When I report in Box 16 - "Foreign Transactions" exactly what is on my Schedule K-1, Turbo Tax refuses to accept it. In final check or review it always comes back to it and prevents me from E-Filing.

In Box 16-A on my Schedule K-1 shows "CANADA" and that is what appears in TurboTax. Likewise, Schedule K-1 shows Box 16-B as "14" and that is what appears in TurboTax. Schedule K-1 Boxes 16-F,G,I and M show zeroes and TurboTax F,G&I show zeroes also.

The error message Turbo Tax gives is "Box 16 Description has been entered for Code G and Code F and/or Code H. Use separate worksheets to report more than one type of foreign gross income sourced at the entity level." My Schedule K-1 Box 16-F & G don't have descriptions entered and the amount is zero for both, so I can't relate to the error message and fix it. (There is no 16-H line).

Any help would be appreciated!

Thanks,

Brian

320

Level 15

May 18, 2020 7:25:38 AM

If there are zeros in those boxes, you might try simply not entering the zeroes at all and even not selecting options from the dropdown list.

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Schedule K-1, Box 16 problem that prevents me from E-filing