I have interest income to report from a k-1 trust, I cannot get it to populate line 17 of form 1040. The software keeps inserting it on line 8A taxable income.
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
New Member

I have interest income to report from a k-1 trust, I cannot get it to populate line 17 of form 1040. The software keeps inserting it on line 8A taxable income.

I'm completing a 1040 form.  I have interest income reported on line 8a.  I also have interest income from a K-1 Trust.  I believe it should be reporting the K-1 interest on line 17 but the software keeps putting it on line 8a.  How do I correct this?

2 Replies
Highlighted
Level 15

I have interest income to report from a k-1 trust, I cannot get it to populate line 17 of form 1040. The software keeps inserting it on line 8A taxable income.

The program is correct so there is nothing to fix.

Highlighted
New Member

I have interest income to report from a k-1 trust, I cannot get it to populate line 17 of form 1040. The software keeps inserting it on line 8A taxable income.

Taxable interest from the K-1 (line 1) goes to Line 8a on the 1040.  Line 17 is for businesses that issue K-1s ( see Lines 6, 7, and 8 on your K-1 which must have zero on them.)
v
Privacy Settings