Thanks for the reply @Mike9241 .
I understand I need to do form 8697, report the interest on my 1040, and then include with my return.
Two followups:
* What do I put in TurboTax for Box 17... Just leave it blank?
* The instructions detail reporting the interest on the underpayment, but what about the actual under payment. Is that built into the profit already reported on the K1?
