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Investors & landlords
@SJM wrote:
.....the reason for my question as to how it should be entered on the Form 1065.
In that case, simply enter the interest under Investment Income in the program (specifically click the Start button to the right of Interest and dividend income and then enter the total in the box on the following screen).
The interest should wind up on Schedule K, Line 5 of Form 1065 and flow through to Line 5 of the partners' K-1s.
‎January 14, 2020
5:43 PM