I have a pretty basic K-1 (Form 1065) form with info in both box 1 and 2. I entered all data but review suggests I did something wrong in box 16. Whats wrong? 16a,b,c,d,f

[frankie375]

I have a 6 in box 1 and a (1) in box 2. I formed 2 separate K-1. For box 1 I used all data in Part 3. For the 2nd K-1, for box 2 I just used the -1 and entered no data for remainder of part 3. I am getting an error stating that box 16 "Description 1 has been entered for more than one type of income. Use separate K1 worksheets to report more than one type of foreign gross income sourced at the entity level.

16a Various

B 307

C 43

D 16

F 45

[rogge1722]

Box 16 (D and F) conflict. A simple expedient would be in the 1st K-1,  use 1/2 B, 1/2 C and D. In the 2nd K-1, use 1/2 B ,1/2 C and F.  For both 16A is Various.