Tax Prepper
Level 2
05-08-2024
10:16 PM
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Hello, I’m seeking clarification on how to treat interest income from a treasury bond reported on a 1099-INT for an S-Corp in Lacerte 23. Specifically, I would like to know how this type of income is categorized for an S-Corp and the correct way to enter it in Lacerte 23. Any guidance or steps you can provide would be greatly appreciated. Thank you!
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