Schedule Q: Line 2 Recaptured Subpart F Income

Subpart F recapture is reported as a single line on Schedule Q. The recapture information on the Subpart F Deemed Distribution by Source Code Report is analyzed by source code to determine the individual instance of Schedule Q where the amount(s) will be reported. For the passive basket, source codes amounts are aggregated by matching the Withholding Tax Rate from the mappings on the

Passive Source Grouping

screen or the entries in binder properties (for source code 61 and full inclusion source codes), as well as the US/Foreign source indicator from the

Source Code Definition

screen. For the general basket, source code amounts are separated between FOGI and non-FOGI and then aggregated by reference to the US/Foreign source indicator. Lastly, 901(j) basket amounts are aggregated by US/Foreign source.