how do i report K1 statement earnings and gains if there are no distributions as a Canadian limited partner of a US limited partnership. my tax jurisdiction is canada
Im assuming if no distributions no tax.
Would the k1 have any withholdings on it because im foreign (i.e. a canadian living in canada and citizen of canada not US but invested in USa partnership)?
Would the k1 have any withholdings on it because im foreign (i.e. a canadian living in canada and citizen of canada not US but invested in USa partnership)?