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Business & farm
@Tigran wrote:What form should an LLC use to report an income received from holding Treasury Bills?
Line 5, Schedule K of Form 1065 as that interest flows directly through to the members on their K-1s.
In TurboTax Business, there is a Line 5b for U.S. obligations (i.e., interest from T-Bills).
‎June 16, 2019
5:25 PM