ThomasM125
Expert Alumni

Get your taxes done using TurboTax

I agree that the K-1 schedule should make reference to the interest income being from US obligations, since it has special treatment on your state tax return. You can contact the issuer of the schedule, but mostly likely they won't be willing to correct it. You need to enter the income as interest from US obligations in order to get the correct treatment on your tax return.

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