Form K-1 Box 5 interest income - where does it show up on 1040?

it should show up on schedule B but if the total interest income is below the threshold you'll only see a total of interest income on 1040 line 2b

I'm not sure which K-1 you're looking at, but this is how each of them is posted.

 

If you have a K-1 for a Form 1065 Partnership, 

• Bos 5 is labeled interest, and 
• it does get posted to box 2b Taxable Interest on your 1040.

If you have a K-1 for a for an S-Corp, Form 1120-S

• Boxes 5 a&b are dividends, and
• are posted to lines 3 a&b on your 1040.

If you have a K-1 for a Trust or Estate Form 1041

• Box 5 is Other portfolio and Non-Business income.
• It is posted to Schedule 1 line 5, and
• Line 8 Other income on the 1040

If this does not completely answer your question, please contact us again and provide some additional details.

 

 

thank you  it finallicame to me as you confirmed

Thanks for asking this question. I was tearing my hair trying to figure it out. It wasn't showing up and then it did as I kept looking.