Welcome Guest. Register Now!  



 
 
LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 03-05-2012, 01:30 AM
Junior Member
 
Join Date: Dec 2011
Posts: 5
Where in 1120S do I report Bank Interest 1099-INT?

Hello,
I am new to S-Corp. I received 1099-INT from the Bank where I hold an S-Corp Bank Account. Exactly on which line in 1120S do I report this as Taxable Income?
Also, do I have to report this on Schedule-K-1?
SPKB69.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
 



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Incorrect 1099. How to report? Help! CalHawk Income 0 07-26-2010 04:15 PM
1099-R Distribution to a bank CD Question Westerner IRA/Sep 2 03-29-2010 09:04 PM
Only report 1099 income? frankly122 Sole-Proprietorship 0 08-10-2009 09:22 PM
IRS Reminds Taxpayers to Report Certain Foreign Bank & Financial Accts by June 30! TaxGuru For 2008 0 06-19-2008 12:37 PM
IRS requires taxpayers report whether or not they have a Foreign Bank account! TaxGuru For 2008 0 05-05-2008 06:21 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.