1099INT

[flyboywayne]

Have a 1099INT with Box 2 showing the interest from a previous year, how does this get reported when box 2 on the turbo tax form shows it is for "Early Withdrawal Penalty"?

[ColeenD3]

Box 2 Form 1099-INT from the IRS also codes it as Early Withdrawal Penalty. Are you saying you got a 2019 1099 with 2018 interest? Is it a 2018 form?

[flyboywayne]

The 1099INT is from a state and for Calendar Year 2019 with Box 1 showing the interest amount and box 2 saying "Interest for Tax Year 2017".  Thank you for your previous reply.

[ColeenD3]

Did you actually receive it in 2019? If so, it is taxable for 2019. Include it in Box 1.