I loaned money to my daughter and son-in-law which they are paying back in monthly installments at a 3.5% rate. How do I report the interest income?

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Include the interest income as if they had given you a Form 1099-INT reporting it. Include the interest in Box 1.

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Include the interest income as if they had given you a Form 1099-INT reporting it. Include the interest in Box 1.

Very helpful. Thanks for your prompt response!

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