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
- :
- Industry Discussions
- :
- Tax Talk
- :
- 1065 form k-2
1065 form k-2
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
Elizabeth88
Level 1
03-10-2022
03:23 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I have a partnership client with dividends received and foreign taxes paid from a US mutual fund. Can anyone help with how to report the information on schedule K-2?
1 Comment 1
sjrcpa
Level 15
03-12-2022
06:51 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Look at the K-2 instructions. you'll need the amount of US dividends, foreign dividends, other gross income, expenses and foreign tax. The dividends are passive category income.
Income goes in Part II Section 1. Expenses in Part II Section2. Foreign tax goes in Part III Section 4
The more I know, the more I don't know.
