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.
Announcements
Do you have a TurboTax Online account?
We'll help you get started or pick up where you left off.
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?
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.
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.)
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.