I have a similar situation, father died in 2020, have matured bonds that have not as yet been redeemed. I know the total amount of the interest that has accrued...
Thank you.I also played around with the K1, increasing the ordinary business income on line 1 to $1000, and entered that amount on my 1040. It did generate a sc...
I have an additional question. When I add the K1 to the 1040, turbo tax is showing the net earnings of the llc to my taxable income. turbo tax is not however, g...