Get your taxes done using TurboTax

Thank you for your response; perhaps I have to clarify the situation a bit further. So when filing 2020 taxes in early 2021, I overpaid both Federal & State taxes as TurboTax had not received updated tax forms to reflect FARPA payments not scheduled to be taxed. By the end of 2021 I had received adjusted refunds from both Federal and State agencies for the error (they auto-corrected, nothing needed to be filed on my end). This included the corrected tax difference, plus interest for the funds being held 7 additional months. The correspondence noted this amount, and stated it is my responsibility to claim the interest as income when filing 2021 taxes in 2022, but it did not indicate what, if any, tax form would be sent for this nominal difference, or how this can be added as income. Just so I'm understanding correctly, the IRS (for the Federal portion) and State of MN will issue 1099Gs for the interest paid on the amended tax returns?

 

Also, can the other two questions be addressed, or do I need to submit single questions only and make 3 total entries? 

Thanks again for your assistance!