Schedule K-1 - More Than One Foreign Country
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To separately report more than one foreign country for (Schedule K-1 (Form 1065), Box 16A or Schedule K-1 (Form 1120-S), Box 14A), you would need to create a separate Schedule K-1 and only complete Box 16 or Box 14, respectively.

Schedule K-1 (Form 1065), Box 16A

  1. From within your TaxAct return (Online or Desktop), click Federal. On smaller devices, click in the upper left-hand corner, then click Federal.
  2. Click Business Income in the Federal Quick Q&A Topics menu to expand, then click Partnership income (Form 1065 Schedule K-1).
  3. Click + Add Partnership Schedule K-1 to create a new copy of the form or click Edit to review a form already created.
  4. Continue with the interview process to enter all of the appropriate information.
  5. On the screen titled Partnership - Business Name, enter the Partnership name and the Partnership ID number, click the Enter a foreign address link, select the country from the Foreign country drop-down, then click Continue.

Schedule K-1 (Form 1120-S), Box 14A

  1. From within your TaxAct return (Online or Desktop), click Federal. On smaller devices, click in the upper left-hand corner, then click Federal.
  2. Click Business Income in the Federal Quick Q&A Topics menu to expand, then click S Corporation income (Form 1120S Schedule K-1).
  3. Click + Add S Corporation Schedule K-1 to create a new copy of the form or click Edit to review a form already created.
  4. Continue with the interview process to enter all of the appropriate information.
  5. On the screen titled S Corporation - Corporation Name, enter the S corporation name and the S corporation ID number, click the Enter a foreign address link, select the country from the Foreign country drop-down, then click Continue.

Note that any link in the information above is updated each year automatically and will take you to the most recent version of the document at the time it is accessed.