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posted Jun 4, 2019 11:24:45 PM

I have a 1099-INT issued in the name of my business. Do I report that income as business income, or as personal income?

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Level 7
Jun 4, 2019 11:24:46 PM

If your business is a sole proprietorship or a single-member LLC, you would enter this 1099-INT in the personal interest income section of TT as if it had been issued directly to you.

If your business is some other type of organization, a different answer might apply.

1 Replies
Level 7
Jun 4, 2019 11:24:46 PM

If your business is a sole proprietorship or a single-member LLC, you would enter this 1099-INT in the personal interest income section of TT as if it had been issued directly to you.

If your business is some other type of organization, a different answer might apply.