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Level 3
February 25, 2022
Question

NC Individual return with K1

  • February 25, 2022
  • 2 replies
  • 16 views

Is there a known error in the NC K1 for S-corporation shareholders?  I have several 1120S returns where the K1s flowing to the NC individual return insists that I indicate the foreign country of the shareholder.  They are, and always have been US citizens.  Thank you

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2 replies

Level 2
February 25, 2022

I have a similar scenario, but it is the S corporation it is forcing me to select a foreign country on, not the shareholder.  Anyone have a fix?

Level 2
February 26, 2022

Hope they fix quick.  Losing too much time with all this NC filing issues.