Get your taxes done using TurboTax


@karenblackwell wrote:

...there has to be a more clear way to report it on Schedule C but still reference the 1099-INT


You do not actually want to report bank interest (e.g., savings account interest) on your Schedule C unless you are dead set on paying self-employment tax on that interest income.

 

Otherwise, that type of interest income should be reported as personal, rather than business, income.

View solution in original post