How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Arthur Rubin Your Own Question
Arthur Rubin
Arthur Rubin, Tax Preparer
Category: Tax
Satisfied Customers: 1561
Experience:  22 years of tax preparation experience, including individual, trust, and estate returns.
Type Your Tax Question Here...
Arthur Rubin is online now
A new question is answered every 9 seconds

FI do not have any Item 16 L or M listed. Part III

Customer Question

FI do not have any Item 16 L or M listed. For Item Part III 16 there are values for B,C,D,E & G. John Figueira Jr
Submitted: 1 year ago.
Category: Tax
Expert:  Jonathan Tierney replied 1 year ago.
Hi, my name is ***** ***** I can help. Just a few question to clarify things: Are you trying to complete input for a partnership K-1? Do you have any amount reported in item 16 with a code of L or M? In addition, or you have any foreign tax credit carryovers? If the answer to both of the last two questions are no, I would just delete any amounts for item 16 as they would not have any affect on your return. I hope this answers your question. Please let me know if I can clarify anything or answer any additional questions.Thanks, Jonathan
Customer: replied 1 year ago.
I tried you suggestion and it not work. I still cannot file my returns. John
Expert:  Jonathan Tierney replied 1 year ago.
What software are you using? What is the exact error message?
Customer: replied 1 year ago.
Your answer did not correct the problem. Your a scam
Customer: replied 1 year ago.
I'm using Turbo Tax. I just keep getting the same section with no explanation.
Expert:  Jonathan Tierney replied 1 year ago.
There is no way to help you without a clearer description of the problem. Perhaps someone else will be able to assist you.
Expert:  Arthur Rubin replied 1 year ago.
We are not TurboTax, even if TurboTax implied that we are. However, if you can upload your .tax2015 file, I may be able to help you. However, be warned that the file will have the partnership and all partner tax IDs, so this is probably not a good idea.
Expert:  Arthur Rubin replied 1 year ago.
(deleted answer which I intended to post to another customer).