Skip to main content
Partner information and Schedule K-1
Search
Search Income Tax Express RS Help and Support.

This article applies to:

  • Product: ONESOURCE Income Tax Express RS
  • Return type: 1065 Partnership
  • Subject: Print requirements

Schedule K-3 print requirements

To print Schedule K-3, Federal Partner's Share of Income, Deductions, Credits-International:
  1. In the
    Organizer
    , select the
    Foreign Information
     folder.
  2. Select
    Ptr Distributive Share-International
    , then the
    K-2, K-3 Activation and General Info
     folder.
  3. Mark the
    Activate Schedules K-2 and K-3 for 1065 returns
     checkbox.
  4. Make sure the
    Schedule K-3
     has an amount on the form.
  5. Do a full recompute, then print the return.
note
Schedule K-3 requires populated information to print. You can't print a blank schedule. Make sure you've entered the necessary data.
If Schedule K-3 won't print because you answered
No
 to questions on Page 1, Item E:
  1. Go to
    Tax Forms
    Federal
    Schedule K-3 - Partner International
    [partner name]
    Schedule K-3, Page 1
    .
  2. Check the answers to Item E Questions 1-10. If you answered
    No
     to all of them, the application excludes the partner from the XML.
  3. To force Schedule K-3, Page 1 to print when no parts apply and the schedule isn't suppressed, go to
    Organizer
    Foreign Information
    Ptr Distributive Share-International
    Print and Compute Options
     and configure the print settings you need.
If the form still won't print, check whether it's suppressed:
  1. In the
    Organizer
    , select the
    Foreign Information
     folder.
  2. Select
    Ptr Distributive Share-International
    , then the
    Print and Compute Options
     folder.
  3. Make sure the
    Suppress ALL Schedule K-3 Print (Used by print and xml e-file)
     checkbox is cleared.
  4. Do a full recompute, then print the return.

Part II, Section 1 Country Detail

To print Schedule K-3, Part II, Section 1 Country Detail:
  1. Go to
    Organizer
    Foreign Information
    Ptr Distributive Share-International
    Print and Compute Options
    Print Options - Federal Schedules K-2 and K-3, Part II, Section 1 Country Detail
    .
  2. Select
    Print on supplemental statement
    .

Part IX, Section 1

To populate and print Part IX, Section 1 for each partner:
  1. Go to
    Organizer
    Partner Information
    Partner by Partner Data
    [Partner Name]
    Partner Information
    Sch K-3 Information
     tab.
  2. In the
    Part IX
     section, clear the
    Do Not complete Schedule K-3, Part IX, Sections 1 and 2 as this partner is a Small partner (as defined in IRS Schedule K-2 and K-3 instructions) OR an S-corporation
     checkbox.
  3. Repeat this step for each partner who should have Part IX populated.
  4. Run a full recompute.

Schedule K-3, Part IX

Foreign Information entries for Schedule K-3, Part IX appear on Schedule K-2 but not on partner Schedule K-3 forms.
  1. Go to
    Organizer
    Partner Information
    Partner by Partner Data
    [Partner Name]
    Partner Information
    Sch K-3 Information
     tab.
  2. In the
    Part IX
     section, clear the checkbox
    Do Not complete Schedule K-3, Part IX, Sections 1 and 2 as this partner is a Small partner (as defined in IRS Schedule K-2 and K-3 instructions) OR an S-corpor
    .
  3. Run a full recompute.
  4. Repeat these steps for each partner that needs Schedule K-3 Part IX to populate.
  5. Do a full recompute, then print.

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close