Where Do I Enter Interest Income?
In such an instance, the presentation of interest income will largely depend on the nature of the business’ primary operations. If, for example, the income from interest is a major source of funds for the company, then it falls under “Income from Operations.”
Where does interest go on a tax return?
Box 3 contains the Interest Income on U.S Savings Bonds and Treasury Obligations. This amount is usually considered to be taxable and is reported as taxable interest on the tax return.
