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allenf
Level 1
April 3, 2026
Question

Form 1041 - Schedule K-1 - US government interest not displaying

  • April 3, 2026
  • 1 reply
  • 6 views

I am doing a Form 1041 on Pro Series and the US government interest is not showing on the individual K1s as being US government interest for the beneficiaries to report on their individual K1s.  Is there a way for the system to provide via a statement or supplemental information by automatically calculating it.

Thanks for your help.

1 reply

dascpa
dascpa
Level 11
April 4, 2026

Another problem with ProSeries. This, and other items require you to add a note to the K-1. Same thing with foreign income that generated foreign taxes, resident and nonresident tax exempt income, etc.

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