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June 13, 2021
Question

I have investment income for my business. How do I use the import tool to pull that information from my brokerage under the business income section instead of personal?

  • June 13, 2021
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1 reply

June 13, 2021

if you are self-employed and this business has investment income under its name/EIN it is still reported on your 1040 return as investment income as if the business did not exist.   if the business was a partnership or S-Corp it would be reported on that return but it would still flow through to your return as personal investment income.