Entering Interest and Dividend Income on Form 1065, Schedule K
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.
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.
The same place you enter the rest of the interest. These are adjustments to the 1099 interest amount.
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