S-corp Interest

[bekzm]

Have a K-1 from 2006 to do this tax return with. The client has a note in his personal name instead of the corp and the CPA says to deduct the interest on his personal. So does it go on the E - 2nd page with other K-1's cause he has a partnership also K-1 or the scd A. Can anyone answer where the interest should be posted - been reading and confussed.
Thanks for all your advice - it helps sooooo much to have help out there at this time of year.

[dsi]

If you haven't already done so, you need to review your client's prior year return to see how it was reported then. Start with that.