MayaD
Expert Alumni

Get your taxes done using TurboTax

To answer your questions: 

1. Yes, you need to include the 2023 interest income in my return this year. Report each 1099 int form separately. 

2. All income should be reported on your return. If you don't amend your 2022 return, you will probably receive a letter from the IRS to pay the amount you owe on your interest income +penalty and interest. 

 

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