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tomkackm
Returning Member

WER3E DO i REPORT INTEREST i RECIEVED FROM THE IRS FROM A 2020 TAX RETURN?/

i RECEIVED  INTEREST INCOME FROM THE IRS IN 2021. WHERE DO I REPORT IT/?
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2 Replies

WER3E DO i REPORT INTEREST i RECIEVED FROM THE IRS FROM A 2020 TAX RETURN?/

It is just interest ... skip the import and choose the enter it yourself option ... enter IRS for payer and then the amount.  

 

INT...1...PNGINT...2...PNG

WER3E DO i REPORT INTEREST i RECIEVED FROM THE IRS FROM A 2020 TAX RETURN?/

use 1099-INT. payee IRS or US Treasury and enter the amount on line 1.  these are the only entries needed.  this interest is not exempt from state income taxes.

 

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