Enter income from a private activity bond

Follow these steps to enter income from a private activity bond.
  1. Open 1 of the following screens:
    • Income
    • Broker
    • K-1
    • K-1-T
  2. Open the statement window for the
    Interest income
    field or the
    Dividends
    field.
  3. Enter the total tax-exempt amount in the
    Tax-Exempt Amount
    field.  This includes income attributable to private activity bonds issued after August 7, 1986.
  4. Enter the portion attributable to the private activity bond in the
    Private Act Bond
    field. Private activity bond amounts are used only for Schedule I calculations.
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