Understanding K1 Box 16 Code B and Related S-Corp Issues
What is k1 Box 16 Code B? Line 16b. Gross Income From all Sources (Code B) Enter the partnership’s gross income from all sources (both U.S. and foreign). Enter the total gross income of the partnership that is required to be sourced at the partner level. Read more on www.taxact.com A tax code known as … Read more