@Bozodclown wrote:
Only line 5 (other portfolio and business income) of the K-1 appears on the 1040 but nothing from line 1 or 2 (interest and dividends). Could this be correct?
Yes. The program will take the interest and dividend income you enter from your K-1 and disperse it to the appropriate schedule or form of your individual income tax return (most likely Schedule B).
