Community
:
Discussions
:
Taxes
:
Business & farm
:
Re: If I receive a 1099-int in the name of my LLC and in my LLC's EIN, should I report this as Business Income on Sch C or should I report this as personal income on Sch B?
adm_archery
Level 2
Mark as New
Bookmark
Subscribe
Subscribe to RSS Feed
Permalink
Print
Report Inappropriate Content
Business & farm
Are you 100% sure and you disagree with:
Marketstar
Level 7
June 4, 2019
3:40 PM
My answer stands, as a disregarded entity, you and the LLC are one in the same for tax purposes. The interest income to your LLC is income to you personally-Schedule B.
???
January 27, 2023
10:52 PM
