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March 9, 2022
Question

1099-int

  • March 9, 2022
  • 1 reply
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Hi, I received a 1099-int for my small business LLC sole proprietor for $500.  Where do I put the $120 tax that was withheld on it? Is it on line 1040 25b? Thank you

    1 reply

    ColeenD3
    March 9, 2022

    The withholding does not get entered on Schedule C. Enter it following these steps:

     

    How do I enter local income tax that does not appear on my W-2? You'll find the link to Withholding not already entered on a W-2 or 1099 under Federal Taxes > Deductions & Credits > Estimates and Other Taxes Paid.