DaveF1006
Expert Alumni

Get your taxes done using TurboTax

if this was issued to the LLC, you will need to report this in your business return. The income generated from the 1065 will then pass-through to a K1, which you will use to report the interest on your tax return. Don't try to circumvent the process to directly report this in your own tax return. Use the K1 to report it.

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