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: Partnership has $4700 in foreign taxes paid. partners are US. The tax was withheld on $61,000 divs. 1099 provides no breakdown by country. How to complete K-3
Partnership has $4700 in foreign taxes paid. partners are US. The tax was withheld on $61,000 divs. 1099 provides no breakdown by country. How to complete K-3
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
bethbrake
Level 2
09-11-2024
12:19 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Labels
1 Comment 1
PhoebeRoberts
Level 11
09-11-2024
01:36 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Let us know what broker produces that 1099, so we can stay away from them! I've seen some super annoying ones that didn't provide any summary by country, but even those had a notation back in the supporting schedules as to which foreign country the tax was paid to, so you could go laboriously add up all the dividends for that payor and assign them to the correct country.
If it's all from mutual funds, use the country code RIC, which is the appropriate code for mutual funds.
