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1099-int Treasury
I have an 1099-INT from the US Treasury for interest on T-bills. The file they provide online to view shows everything in a list form, not with boxes. There is a total for Ref. Box 3, but nothing says anything about box 1. If the interest on T-bills, box 3 was let's say $1,000, then wouldn't that mean I need to also state $1,000 for interest income box 1? I understand that box 3 is state tax exempt but that overall, the $1,000 is federal taxable. But I didn't see how that changed my federal tax owed. Am I missing anything?
‎February 15, 2025
8:54 PM