msmith7305
Level 7
03-05-2022
08:39 AM
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Looking to see what creative workaround anyone has found to enter foreign taxes passed to partner from PTP. From what I see, the PTP reports tax amount on Line 21 of K-1 and gives supplemental information in a schedule. Our K-1 input screen for 1040 has Line 21 entry but does not carry the foreign tax anywhere to be used.
I have developed a workaround but was wondering if I am missing anything in the software?
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