Turbo Tax insisting there are foreign tax implications/income because box 16 checked on K1. But corresponding K3 correctly shows only U.S. income from this partnership.

I believe there is a mistake in turbo tax. Box 16 does not necessarily mean foreign activity had to take place...but software not giving me any options. HELP!

221

Level 15

Oct 7, 2022 9:47:35 AM

there's a little box you checked for the k-3 uncheck it.

the fact that the box is checked or unchecked in Turbotax is not reported to the IRS.

there should be nothing in box 21 on the k-1.

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Turbo Tax insisting there are foreign tax implications/income because box 16 checked on K1. But corresponding K3 correctly shows only U.S. income from this partnership.