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soflenjbaugh
New Member

Bought CD in Oct 11, 2017 set it up to receive the int income quarterly. received the first payment Jan 11, 2018. Will I receive a 1099INT for 2017 or will be for 2018?

 
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CarolynM
Level 1

Bought CD in Oct 11, 2017 set it up to receive the int income quarterly. received the first payment Jan 11, 2018. Will I receive a 1099INT for 2017 or will be for 2018?

You will not report until next year. You only report interest income you received in 2017 on this tax return.

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CarolynM
Level 1

Bought CD in Oct 11, 2017 set it up to receive the int income quarterly. received the first payment Jan 11, 2018. Will I receive a 1099INT for 2017 or will be for 2018?

You will not report until next year. You only report interest income you received in 2017 on this tax return.

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