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Anonymous
Not applicable

K-1 information seems to be displayed under 1099-INT section of my income.

This is interest income received as a beneficiary of an irrevocable trust.  I entered the information from my K-1 and it is showing $0 by Schedule K-1 under 'Your Income" in TurboTax.  It does appear to be reflected in the total reported under "Interest on 1099-INT."  Is that expected?  Thank you!
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K-1 information seems to be displayed under 1099-INT section of my income.

" It does appear to be reflected in the total reported under "Interest on 1099-INT."  Is that expected?"

That is by design; TurboTax shows "$0" in the K-1 summary column as the items entered from the K-1 are dispersed throughout the return (on the appropriate lines).

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3 Replies

K-1 information seems to be displayed under 1099-INT section of my income.

" It does appear to be reflected in the total reported under "Interest on 1099-INT."  Is that expected?"

That is by design; TurboTax shows "$0" in the K-1 summary column as the items entered from the K-1 are dispersed throughout the return (on the appropriate lines).

Anonymous
Not applicable

K-1 information seems to be displayed under 1099-INT section of my income.

Thank you!!!

K-1 information seems to be displayed under 1099-INT section of my income.

You're welcome!

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