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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.
‎February 21, 2020
5:35 PM
24,126 Views