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Get your taxes done using TurboTax
As part of your business return in TurboTax Business the interest will be included on the business return. If you add it to the actual business income, then depending on the type of entity self employment tax might come into play if it's a partnership.
If not, then you can add it in either place you choose but I would recommend interest income, not business income.
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‎February 17, 2022
1:53 PM