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Where do I enter K1 16AA and 16AB?

jaygar
Level 3

Proconnect says to enter them in "Other Schedule K1items, Foreign Transactions section", but where in this section do I enter these? Again, it is Box 16AA and 16AB.

Thanks!

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1 Comment 1
George4Tacks
Level 15

Hold your mouse over the entry box for 16 and you should get 

Capture.JPG

Have a copy of the partner's instructions for the K-1 with you to aid in entry. I believe you will find out in time that unless there is tax paid or tax withheld, you do not need to make any entries for this line. 


Here's wishing you many Happy Returns