2025 INTEREST INCOME FROM CD OF NI LLC S-CORP REPORT TO IRS

[nhkyn]

I AM READY TO FILE S-CORP 1120-S RETURN 2026 OF NI LLC. I HAVE PURCHASED A CD IN THE NAME OF NI LLC IN 2025. THAT CD HAS EARNED $260 INTEREST IN 2025. BUT BANK DIDN'T PROVIDE ANY 1099 STATING THAT IT IS NOT A REPORTABLE EVENT. SHOULD I HAVE TO INCLUDE THIS INTEREST IN NI LLC 2025 INCOME?

I WOULD APPRECIATE THE RESPONSE.

THANK YOU.

NI

03/08/26

[LeticiaF1]

Yes, you will need to report the $260 interest you received on the 1120-S for your company.  It will be reported as other income on Line 5 of Form 1120-S.  

What is Form 1120-S, U.S. Return of an S-Corporation?

[nhkyn]

Thank you Leticia.