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How to enter certain items from 1099-DIV on LLC (Form 1065) return
First year preparing an LLC Return (Form 1065). Cannot figure out how to report the following items from the entity's 1099-DIV from Charles Schwab in TT Business.
1) Box 7 - Foreign Tax Paid
2) Box 12 - Specified Private Activity Bond Interest Dividends
Obviously need these to end up on the K-1s so these items are appropriately recorded on the individual partners' returns.
Thanks so much!
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‎February 23, 2020
6:31 AM