dascpa
Level 12

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.