What is the amount shown in Box 6a on my partnership Schedule K-1?
Your portion of ordinary dividends is shown in Box 6a and will appear on Line 3b of Form 1040.
Some amounts shown in this box may come from previously taxed earnings and profits (PTEP) in your annual PTEP accounts related to a foreign corporation. These amounts are excluded from your gross income.
Do not include any amounts from PTEP in your annual PTEP accounts when reporting income. Use Schedule K-3, Part V to find your share of distributions from foreign corporations to the partnership that are attributable to PTEP.
Some amounts shown in this box may come from previously taxed earnings and profits (PTEP) in your annual PTEP accounts related to a foreign corporation. These amounts are excluded from your gross income.
Do not include any amounts from PTEP in your annual PTEP accounts when reporting income. Use Schedule K-3, Part V to find your share of distributions from foreign corporations to the partnership that are attributable to PTEP.
