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TurboTax Desktop asked if Line 16 on K-1 has box checked that a K-3 was provided. I checked the box, but no foreign income sources are listed on K-3. How can I proceed?

The issuer of the K-1 and K-3 told me that they had to issue a K-3 because not all of their investors are US, but are foreign.
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2 Replies

TurboTax Desktop asked if Line 16 on K-1 has box checked that a K-3 was provided. I checked the box, but no foreign income sources are listed on K-3. How can I proceed?

they are correct. 1) are you a US citizen? 2) will the partnership be reporting any foreign source income? 3) is there an amount on line 21

 

if one is yes and 2 and 3 are no then there will be no info for you to report on the k-3. uncheck the box so you can e-file. if worse comes to worse you can always amend later 

TurboTax Desktop asked if Line 16 on K-1 has box checked that a K-3 was provided. I checked the box, but no foreign income sources are listed on K-3. How can I proceed?

Thank you for your response. It was helpful.

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