Skip to main content
Level 1
March 4, 2023

2058086

  • March 4, 2023
  • 1 reply
  • 3 views
The following diagnostic is generating: The unknown country code "US" cannot be used on K-2, Pt. III , Foreign Taxes. This is for a partnership (1065). We used US last year and all was well. There is not an option for Other-Various countries.
    This topic has been closed for replies.

    1 reply

    itonewbie
    Level 15
    March 4, 2023

    Where in Part III do you intend to enter "Other-Various Countries" and what is your basis for wanting to do that?

    The only entry for country in Part III is for 901(j) income and each of these countries must be specifically identified.

    In any case, US is neither a foreign country or US possession and it is certainly not a country subject to sanction.  The schedule is programmed to accept only standardized codes listed here (which includes both sanctioned and non-sanctioned countries):

    https://www.irs.gov/e-file-providers/foreign-country-code-listing-for-modernized-e-file

    ---------------------------------------------------------------------------------Still an AllStar