Italiantaxman
Level 2
Level 11
10-25-2023
06:51 PM
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Interest income is shown on a 1099-INT, not a 1099-B but to answer your question interest income goes on Schedule B.
Italiantaxman
Level 2
10-25-2023
06:56 PM
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Thanks for correcting my question which should now read: where do I ]report interest income received on a 1099-int under the business' tax ID #?
Italiantaxman
Level 2
10-25-2023
06:59 PM
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Thanks for correcting my question which should read: where do I report interest income from a business checking account reported under my LLC's tax EIN number? On schedule C line 6 under other income as some recommend? if so how to enter without forcing an override?