How do I enter foreign tax taxes paid or accrued to the beneficiary in the 1041?
Use the K14B screen to allocate foreign taxes paid or accrued to the beneficiary. Amounts allocated on this screen will be based on the percentages or line 14b overrides entered on screen K1. A statement will be generated for each K-1, line 14b.
Caution: Do not duplicate K14B screen entries on the 1116, INT, or DIV screens.