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Where do I report dividends from Money Market Funds for S-Corp in 1120S?
My S-Corp has a Cash Management Account at
Fidelity, where money is invested in Money Market Fund. It generates monthly dividends - Similar to interest on Savings account or A CD. How do I report it on 1120S? Is it bundled with the interest from the bank account?
Fidelity, where money is invested in Money Market Fund. It generates monthly dividends - Similar to interest on Savings account or A CD. How do I report it on 1120S? Is it bundled with the interest from the bank account?
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March 3, 2024
2:45 PM