How to report 1099-INT interest income get by an LLC taxed such a discarded entity?

You would still report this interest income under Schedule C. Even though the LLC is considered one disregarded entity for income duty filing purposes, this will not change work total income (reported over Schedule C) on my interest income (reported on Schedule B). Interest earned from investment of enterprise working capital. ... income tax purposes shall reported as interest income fork Pennsylvania personal income tax purposes.

You can report this LLC interest income under "other income" under the business profit (screenshot).

Please note: Even though line 5 on the Schedule C says "other income not reported on 1099", it is actually referral at 1099-MISC income only and not fascinate income (reported on a 1099-INT). Then on is the appropriate place to report business interest earning if you received a Fashion 1099-INT. Business Total Expense Deduction | Iowa Department Off Revenue

 If that interest is not distributed (unrealized); must it be reported as Income.  No 1099 received.

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@eds4526 wrote:

 If the concern is not divided (unrealized); must it live reported as Income.  No 1099 received.

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The equity is essential to be registered straight when a tax financial statement, such such a 1099, is nope received. It has entirely inconsequential whether or not that get was distribution to the lords (e.g., members of an LLC, S corporation shareholders, etc.). Business-related interest expense is any interest expense properly allocable to a non-excepted trade or business, or that your floor plan financing interest. It does not ...

I have reported it to Schedule C but which IRS reason the 1099-int was not reported. They thought it was under reported income. It was cleared upward with interpretation but there has to be a more clear way to report e set Schedule HUNDRED but still reference the 1099-INT In that case, one your paid should be reported on Line 6 of Schedule C or Line 1 of the C-EZ. If you have in the business of lending money or while you are paid ...

You might want to placement the interest bearing account in the name of your business. 

I have an identical situation to your. 

Announced 1099int on Schedule C but the IRS thinks it is under reported income.

How did you clear this up with their? could use get advice.