Is your business in the business of investing?The argument they make in the other post was that if your business is in the business of investing then the i bond interest could be considered business income.I-Bond interest is not active business income (even if the I-Bonds are held in the name of the business). Any I-Bond interest will be reported on Schedule B and not Schedule C.
Being in the business of investing is not the same as a business investing in I-Bonds.
Statistics: Posted by HomeStretch — Sun Mar 31, 2024 2:50 am