bethbrake
Level 2
10-08-2020
04:47 PM
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The trust has interest in partnerships that report foreign information. There is no where on screen 25 (K-1 entry) to enter foreign tax information and the data entry lines on Screen 36 (Foreign taxes) don't correspond to the information provide on Line 15 of the partnership K-1.
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itonewbie
Level 15
10-09-2020
10:47 AM
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For certain types of income, you can use the input screens for the respective types of income to enter the amount(s) and sourcing rather than relying on the K-1 input screens. Otherwise, you can enter the details of the foreign tax as well as sourcing for income and deductions on Screen 36.
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