dascpa
Level 12
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Bottom of Schedule K under Other Information to be Reported on Schedules K-1 Worksheet. I usually have multiple notes (P.S. is poor about notes as compared to other softwares) I'll add:
(1)
Per IRS Instructions, this entity qualifies for an exception to filing foreign transactions...
(2)
Total U.S. Government Interest included in .........
* I use the (1) and (2), etc. to add a line break.
** If you put in the total the K-1's will report each owners portion on their individual K-1.