- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Your single-member LLC is a disregarded entity for tax purposes. Its income and expenses are reported on your personal tax return.
You report the interest earned as interest income, as if you had received a form1099-INT from a bank. And you won't be subject to self-employment tax.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 9, 2025
5:19 AM