Entering Interest and Dividend Income on Form 1065, Schedule K

[Giddster65]

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.

[sjrcpa · Accepted solution]

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

[Giddster65]

Thank You!

[sjrcpa]

You're welcome