topic I received a K-1 with US Gov't Interest included on Line 5, which I have entered. It also lists &quot;Cost to carry US Gov't Obligations&quot;. Where/how do I enter these costs? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/i-received-a-k-1-with-us-gov-t-interest-included-on-line-5-which-i-have-entered-it-also-lists-cost/01/3383491#M1245520 After exhaustive web searches I cannot tell if these carrying costs are deductible. And if so, how I enter them in Turbotax. Note that I am using the Mac desktop version. Wed, 11 Feb 2026 10:16:20 GMT bdsherr 2026-02-11T10:16:20Z I received a K-1 with US Gov't Interest included on Line 5, which I have entered. It also lists "Cost to carry US Gov't Obligations". Where/how do I enter these costs? https://ttlc.intuit.com/community/taxes/discussion/i-received-a-k-1-with-us-gov-t-interest-included-on-line-5-which-i-have-entered-it-also-lists-cost/01/3383491#M1245520 After exhaustive web searches I cannot tell if these carrying costs are deductible. And if so, how I enter them in Turbotax. Note that I am using the Mac desktop version. Wed, 11 Feb 2026 10:16:20 GMT https://ttlc.intuit.com/community/taxes/discussion/i-received-a-k-1-with-us-gov-t-interest-included-on-line-5-which-i-have-entered-it-also-lists-cost/01/3383491#M1245520 bdsherr 2026-02-11T10:16:20Z Re: I received a K-1 with US Gov't Interest included on Line 5, which I have entered. It also lists "Cost to carry US Gov't Obligations". Where/how do I enter these costs? https://ttlc.intuit.com/community/taxes/discussion/re-i-received-a-k-1-with-us-gov-t-interest-included-on-line-5-which-i-have-entered-it-also-lists/01/3383963#M1245549 <P>if by carrying costs you mean margin interest or account fees then margin interest would be reported of form 4952 (itemized deduction) while account fees for 2018-2025 are not deductible except for some state income tax purposes. if by carrying costs you mean something else please describe them and how they are determined.&nbsp;</P> Wed, 28 Aug 2024 18:37:59 GMT https://ttlc.intuit.com/community/taxes/discussion/re-i-received-a-k-1-with-us-gov-t-interest-included-on-line-5-which-i-have-entered-it-also-lists/01/3383963#M1245549 Mike9241 2024-08-28T18:37:59Z Re: I received a K-1 with US Gov't Interest included on Line 5, which I have entered. It also lists "Cost to carry US Gov't Obligations". Where/how do I enter these costs? https://ttlc.intuit.com/community/taxes/discussion/re-i-received-a-k-1-with-us-gov-t-interest-included-on-line-5-which-i-have-entered-it-also-lists/01/3384221#M1245558 <P>I, unfortunately, provided all of the information from line 5 of the K-1. So, I can't say for certain what is meant or how it was calculated. Based on how things are referenced in other entries on this K-1 and other K-1s from the same source, I believe it is referring to margin interest. Note that there are amounts reported for investment interest expense (line 13, code H) and deductions, portfolio income (line 13, code AE).&nbsp; Neither of these amounts have additional detail that would reconcile to the amount reference in my original question for line 5.</P> Wed, 28 Aug 2024 21:28:21 GMT https://ttlc.intuit.com/community/taxes/discussion/re-i-received-a-k-1-with-us-gov-t-interest-included-on-line-5-which-i-have-entered-it-also-lists/01/3384221#M1245558 bdsherr 2024-08-28T21:28:21Z