Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

S corp received a K-3 from an LLC with Page 17. There is no page 17 in the S corp module

DTNY07
Level 7

I am preparing an S corp return that received three K-3s from different LLCs.  One of those K-3s has information on page 17.  The Section is Part X - Foreign Partner's Character and Source of income and Deductions.  There isn't page 17 in the K-2 or K-3 module of the S corp return.  It does exist for the partnership returns in Pro Series.  What do I do for the S corp

0 Cheers
1 Best Answer

Accepted Solutions
JRC
Level 8

No part X because S Corp shareholders can't be foreign. 

View solution in original post

2 Comments 2
JRC
Level 8

No part X because S Corp shareholders can't be foreign. 

DTNY07
Level 7

Thanks for the reply.  I absolutely forgot about that.   I had even looked at the IRS instructions like a dope as i thought it was a Pro Series glitch

0 Cheers