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KLUGERED
March 17, 2025
Question

K1 limited formation

  • March 17, 2025
  • 1 reply
  • 0 views

k1 supplemental information is not sufficient to answer turbo tax questions about K3.  What to do?

    1 reply

    PatriciaV
    PatriciaV
    March 20, 2025

    Did you receive Schedule K-3 for the company that sent Schedule K-1? If not, you won't be able to complete the K-3 interview in TurboTax.

     

    If the Schedule K-3 you did receive is missing information, you may need to contact the company and request assistance.

     

    Note that in most cases, the foreign income reported on Schedule K-3 is either already reported on Schedule K-1 or only applies to partners with other foreign income and/or assets.

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