I received my 2021 tax refund right before Christmas in 2022. I reported the difference of the refund expected to the amount received as interest in 2022, but I got the 1099int in 2023 instead of 2022.
So for 2023, I have to report the interest already reported and taxed on so I did an in and out, but wanted to know if I could right anything other than "other" for the reason for the adjustment.
Let me see if I understand the situation.
You got a 1099-INT in 2023, presumably from the IRS, but somehow you reported this interest as income in 2022. Is that right?
"so I did an in and out," - what does this mean?
"wanted to know if I could right anything other than "other" for the reason for the adjustment." Are you amending a return using the 1040X? If so, you have space for entire paragraphs that you can write to describe the issue.
If you are not amending a return, then please tell us what you are doing.