DaveF1006
Expert Alumni

Get your taxes done using TurboTax

I assume you mean a 1099 INT rather than a 1099R. If you reported this in Box 3 of a 1099R then your amounts will be much greater if you report these in Box 3. If you reported these in a 1099R, remove the entries and report in a 1099 INT

 

Reporting these in a 1099 INT, the amounts should not differ. These are still tax at the ordinary tax rates.

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