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Level 4
posted Mar 27, 2024 9:49:55 PM

1099-Int from IRS

I received a 1099-Int from the IRS which says it is interest paid to me by the IRS. Do I just handle this as every other 1099-Int I have and put interest in Box 1? There are no box numbers on the form.

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1 Replies
Level 15
Mar 27, 2024 10:17:41 PM

yes and if you have state income taxes the interest is also taxable for state purposes.