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Level 2
June 24, 2021
Solved

Entering Interest and Dividend Income on Form 1065, Schedule K

  • June 24, 2021
  • 1 reply
  • 9 views

I have a 1099 combined statement from RBC Capital Markets. I am confused where to input premium bonds, acquisition premiums & other periodic interest in the tax return for 2020.

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Best answer by sjrcpa

The same place you enter the rest of the interest. These are adjustments to the 1099 interest amount.

1 reply

sjrcpa
sjrcpaAnswer
Level 15
June 24, 2021

The same place you enter the rest of the interest. These are adjustments to the 1099 interest amount.

The more I know the more I don’t know.
Level 2
June 24, 2021

Thank You!

sjrcpa
Level 15
June 24, 2021

You're welcome

The more I know the more I don’t know.