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Where do I report interest earned on Schedule C for one of our LLC's?

I have interest earned in one of our LLC's.  I received a 1099-int from a bank.  I would like to take this at income for the business not under our names.  I can not find anywhere to place this on Schedule C.

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Accepted Solutions
Cindy0H
New Member

Where do I report interest earned on Schedule C for one of our LLC's?

You can report this in your Schedule C income. This is how:

  • Business
  • Business Income & Expenses...update
  • Edit your business
  • Business Income...update
  • Other Income

 This is the appropriate place to report business interest income if you received a Form 1099-INT.

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1 Reply
Cindy0H
New Member

Where do I report interest earned on Schedule C for one of our LLC's?

You can report this in your Schedule C income. This is how:

  • Business
  • Business Income & Expenses...update
  • Edit your business
  • Business Income...update
  • Other Income

 This is the appropriate place to report business interest income if you received a Form 1099-INT.

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