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Letter from IRS regarding taxabel interest paid

I received a letter from the IRS with this:  "THIS IS NOT A TAX BILL.  It shows the taxable interest paid to during the calendar year by the Internal Revenue Service.  If you are required to file a tax return, report this interest as income on your return ..."

This feels like a 1099-INT, but it is not an actual 1099-INT.  Where should I report this?  1099-INT, with the amount "Total Interest Paid or Credited" as Box 1?

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2 Replies

Letter from IRS regarding taxabel interest paid

Report like a 1099-INT with IRS as payer. 

DawnC
Expert Alumni

Letter from IRS regarding taxabel interest paid

Yes, enter it like a 1099-INT.   Received from the IRS and the amount in Box 1.    You do not need the actual 1099-INT to report your interest income.   

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