topic Form K 2 and K 3 for 1120S are not showing up in the step-by-step in Business & farm

Form K 2 and K 3 for 1120S are not showing up in the step-by-step

June YW — Tue, 10 Feb 2026 11:29:21 GMT

I paid foreign income tax in 2023 as s corp. How do enter the tax in TurboTax so that K 2 and K3 can automatically come up and TT can walk me through these two forms?

Re: Form K 2 and K 3 for 1120S are not showing up in the step-by-step

DaveF1006 — Fri, 23 Feb 2024 14:12:47 GMT

To clarify, were forms k-2 and K-3 issued to you by the S-Corp?

Re: Form K 2 and K 3 for 1120S are not showing up in the step-by-step

June YW — Fri, 23 Feb 2024 22:11:34 GMT

Hi Dave,

I am filing 1120S and since I paid foreign income tax in 2023, should I file k 2 and k3 for 1120S?

Thanks

Re: Form K 2 and K 3 for 1120S are not showing up in the step-by-step

DaveF1006 — Mon, 04 Mar 2024 14:14:49 GMT

Yes, since you paid foreign income tax, you need to prepare a k2 and K3 in your 1120S. FYI, here are a couple of links that explain the k2 and K3 more in detail. These do have some helpful information that you may find informative.

Schedule K2 & K3 FAQS

Instructions For K2 and K3