DianeW777
Expert Alumni

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.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post