Question
For Box 14 information related to Gross Income Sourced at Beneficiary level: Foreign income, should I just add the amounts that indicate foreign in my K1 statement?
The K1 statement has codes A, B, E and various ZZ's. The ZZ's reference the statement which indicate: Foreign gross receipts and expenses, AMT Foreign Taxes and AMT Foreign Gross Receipts and Expenses. is the addition of these what should be included in the Level Foreign Source Income? if so what would go in the US Source Income, code E amount? would the total be what goes in the general level?
