I earned interest on money held in a partnership. How should I report this?
Money that you made in a partnership will most likely be reported to you using a K-1 form. There is a special line on this form for interest income. The interest should be reported along with other interest income separate from the rest of the partnership income.
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I earned interest on money held in a partnership. How should I report this?
Category : Income Tax Filing Across The USA
Posted On : 26th Nov 2010
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