The K1 statement has codes A, B, E and various ZZ's. The ZZ's reference the statement which indicate: Foreign gross receipts and expenses, AMT Foreign Taxes and AMT Foreign Gross Receipts and Expenses. is the addition of these what should be included in the Level Foreign Source Income? if so what would go in the US Source Income, code E amount? would the total be what goes in the general level?
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March 22, 2025
9:13 PM