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Business & farm
If any of the interest or dividend income were from U.S. obligations, it would be mentioned in a note on or attached to the K-1.
Interest on U.S. obligations is taxable on your federal return, but some states exempt it from state tax.
If there is no notation on the K-1 that the interest or dividend amounts were from U.S. obligations, enter zero when asked for the amount by TurboTax.
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‎June 5, 2019
3:20 PM