Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- Lacerte Tax
- :
- Lacerte Tax Discussions
- :
- Re: foreign K-1 equivalent
foreign K-1 equivalent
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
ed3
Level 1
10-06-2021
03:32 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Client received a Equivalent K-1 from a foreign partnership which client holds a 1% interest. Only income on the form Qualified Dividends $325K. Entity is not US based and therefore no EIN. Can't input a K-1 without it. Simply enter dividend income on Schedule B? That is how the income will be taxed anyway.
Labels
This discussion has been locked.
No new contributions can be made. You may start a new discussion
here
1 Comment 1
sjrcpa
Level 15
10-06-2021
04:33 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I would.
Don't forget 8938 and any other foreign disclosure forms that may be needed.
The more I know, the more I don't know.
