Question

The schedule k-3 input form for Turbotax form1040 is missing column g for Part II, section 2-deductions. When will this be available?

Forum|Forum|2 years ago
March 30, 2024
1 reply
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K-3 information comes from organizations that file a K-1 and add a K 3 primarily for foreign information, however, US tax information is also on the schedule K-3.

TurboTax Online

SusanY1

There are no plans to have direct K-3 entry screens in TurboTax for Form 1040.

These numbers do not impact most individual taxpayers Affected taxpayers who need to adjust for these numbers do so directly in the applicable section (in this case, the foreign tax credit section for adjustments to income).

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