Sch K-1 Foreign Income: Additional country not populating on Line 16
Updated: 12/28/2012
Article ID: SLN12572
If you are unable to enter additional countries on Schedule K-1, (Form 1065) or line 16 for Schedule K-1 (Form 1120S), line 14, refer to the information below.
Solution
In TurboTax, in order to enter additional countries. you will need to enter separate Schedule K-1s for each country you need to report. When creating the additional Schedule K-1s, enter only the information for the foreign transactions.
Example
You receive a Schedule K-1 (Form 1065) and have 3 countries reported on line 16. You will create one Schedule K-1 that includes all information from the K-1 you received and one country on line 16. Then, for the other two countries, you will have two separate K-1s with only line 16 entered, for a total of three Schedule K-1s.
