Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 26, 2023 3:10:59 AM

Report income from k-1 on t1135

how to report income from k-1 on t1135? what boxes are used for gross income and Gain (loss) on disposition?

0 1 339
1 Replies
Returning Member
May 1, 2023 11:53:21 AM

Hey @ggiaeverThe IRS Schedule K-1 is similar to the Canadian T5013. T1135 is  used If you own foreign property that is valued at more than C$100,000 at any time during the year.