I am planning on calling the bank on Monday with that very question: ie difference between federal and state interest. I can only assume that its US obligation ...
I am looking at Schedule B of my Alabama Return . Under Line 1 the Estate is listed as paying interest in the amount of $65,969. I have used Turbotax for many y...
Interest income on Federal K1 is $65,969 and State K1 $29,398. Federal Dividend income is $2,395 and Alabama dividend income is $1,236. This is an estate. (Alab...
Thanks but this did not solve the problem. No question came up during the interview to enter or confirm the amounts to use for the Alabama K-1 that I received. ...
