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Level 1
May 7, 2021
Question

Schedule K1 box 16 foerign transaction A is " VARIOUS"

  • May 7, 2021
  • 1 reply
  • 9 views

On my scheudle K1 from company , foerign trasaction is mentoned as " Various" under box 16 A

 

Turbotax does error " Box 16 has been entered for more than one type of income. Use seprate K1 sheets to report more than one type of gross income sourced at entity level. 

 

However there is only 1 K1 sent by the company so how do I fix this one.

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1 reply

PhoebeRoberts
Intuit Community Champion
May 7, 2021

Hi there,

You’ve come to an Intuit site supporting tax professionals, and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.

Cheers!