DTNY07
Level 7
09-13-2022
04:29 PM
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I am preparing an S corp return that received three K-3s from different LLCs. One of those K-3s has information on page 17. The Section is Part X - Foreign Partner's Character and Source of income and Deductions. There isn't page 17 in the K-2 or K-3 module of the S corp return. It does exist for the partnership returns in Pro Series. What do I do for the S corp
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JRC
Level 8
09-13-2022
09:29 PM
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No part X because S Corp shareholders can't be foreign.
DTNY07
Level 7
09-13-2022
09:31 PM
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Thanks for the reply. I absolutely forgot about that. I had even looked at the IRS instructions like a dope as i thought it was a Pro Series glitch
