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jgrass6
New Member

K-1 foreign tax code C line 2 col 3 is listed but no foreign income source at individual listed on K-1 Add. worksheet line 1 what do i do?

on K-1 it shows interest expenses for US & Canada the same amount
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4 Replies
AmandaR1
New Member

K-1 foreign tax code C line 2 col 3 is listed but no foreign income source at individual listed on K-1 Add. worksheet line 1 what do i do?

This is an error you are getting is this correct?
AmandaR1
New Member

K-1 foreign tax code C line 2 col 3 is listed but no foreign income source at individual listed on K-1 Add. worksheet line 1 what do i do?

The codes on your K-1 are indicating that there's foreign activity. It sounds like you need to update the foreign activity section. You should have a statement attached to your return that details the activity. 

To do so:

  1. Login and click Take me to my return
  2. Select the Federal Taxes tab and then click the Wages & Income tab below it  (If you have the blue button Check for more income click it, and then click Skip to see all income
  3. Scroll down to the Less Common Income section 
  4. Click Start/Update next to Foreign Earned Income & Exclusion 
  5. Next, you can select that the Schedule K-1 from a business reported your foreign income and complete the questions that follow. 


Please provide more information if this doesn't resolve your issue. 

K-1 foreign tax code C line 2 col 3 is listed but no foreign income source at individual listed on K-1 Add. worksheet line 1 what do i do?

As I may have stated already, I followed the instructions to the letter & still get the error message & I can't file my return!
bobhill8
Returning Member

K-1 foreign tax code C line 2 col 3 is listed but no foreign income source at individual listed on K-1 Add. worksheet line 1 what do i do?

I was able to get around this problem by adding a K-1 16C entry (Gross income at partner level) that equaled the sum of 16D-F; then was able to file finally!!

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