Question
On 1065, one partner is a foreign corporation. On Schedule B-2, how do I show it as a, eligible foreign entity?
On the K-1 worksheet where I enter partner information, I've checked the "Corporation" box as well as the "Foreign" box. They are electing out of the centralized partnership audit regime. On the Schedule B-2, listing the electing partners, it should be shown as an "Eligible Foreign Entity." But ProSeries shows it as a Corporation, and when I change it, it shows an override.
