Screen K2-2 - Foreign Tax Credit Limitation, Page 1

Complete a separate K2-2 screen for each type of income sourced in a different foreign country or U.S. possession. For example, if Dividend income is sourced in both Germany and Italy, complete 2 units of the K2-2 screen.
Leave this screen blank if you entered
X
in the
Complete Schedules K-2 and K-3 when the S Corporation has no foreign activity
field in the K2 screen.
Based on the Schedules K-2 and K-3 (Form 1120-S) instructions, you can't use
OC
for the country code.
OC
isn't available in the dropdown list.
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