I have a one-person LLC and received $300 in interest this year for a business savings account that I opened in the name of the LLC. I received a 1099-INT for this business account. Do I enter this $300 in interest as regular 1099-INT income in TurboTax (same place as for interest in a personal savings account), or is this interest considered business income and entered elsewhere in the program?
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Enter the 1099-INT as you would enter your personal savings interest income.
Related information:
Enter the 1099-INT as you would enter your personal savings interest income.
Related information:
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