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@Anonymous   Thank you for input on this issue. It is appreciated.  I filed my interest from a bank account used for an LLC on Schedule C last year. I didn't get a letter.  I have heard good rationale for both ways of reporting. The truth is....it is not spelled out clearly by the IRS. Im actually working on my taxes (got along way to go) as I type this.  I have not plans except to just make a decision when I get to that issue on my return. I suppose I have an extra reason to put on Schedule C since I did it that way last year.... who knows! Thanks again.

 

Parrish