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New Member
posted Jun 1, 2019 5:38:48 PM

Do I need to report the interest (box 5) on my K-1 schedule (Form 1065) if I never receive the interest payment?

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1 Replies
Level 15
Jun 1, 2019 5:38:49 PM

Yes, it still needs to be reported as you own a share of the company that earned the interest income.