How do I get rid of the question about "Sch k-1 Box 16 Description 1 has been entered for more than one type of income."

alansiegel3536 — Thu, 06 Jun 2019 09:04:47 GMT

If there is no foreign tax paid, box 16(P), there is no n...

rogge1722 — Thu, 06 Jun 2019 09:04:49 GMT

If there is no foreign tax paid, box 16(P), there is no need to fill out a f1116. If you elect not to fill it out then bring up on the screen the “additional information” form for the k-1. Scroll down to "Box 16: foreign transactions." Then under "Code P, Q, etc ", locate line 3a. It states "do you elect to forego completion of f1116." Check mark the Yes box. That will clear all errors and will dispense with foreign transactions..

topic How do I get rid of the question about "Sch k-1 Box 16 Description 1 has been entered for more than one type of income." in Business & farm

How do I get rid of the question about "Sch k-1 Box 16 Description 1 has been entered for more than one type of income."

If there is no foreign tax paid, box 16(P), there is no n...