- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
@eds4526 wrote:
If the interest is not distributed (unrealized); must it be reported as Income. No 1099 received.
The interest is required to be reported even if a tax reporting statement, such as a 1099, is not received. It is entirely inconsequential whether or not the interest was distributed to the owners (e.g., members of an LLC, S corporation shareholders, etc.).
‎December 3, 2019
9:25 AM
25,984 Views