You would report it on line 16(a) as Other Tax-Exempt Income if you are filing a form 1120-S.
It would go on line 18(b) on a Schedule K for form 1065, if you are reporting it on a partnership/LLC tax return.
It would not be reported on your tax return if you are filing as a sole-proprietor on a schedule C.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
