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Level 2
posted Feb 21, 2025 6:03:01 PM

Interest payment from IRS

IRS paid me interest last year, and i received a letter stating it is interest income. Will IRS send me the 1099int or should I just report this as an income in my return?

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1 Best answer
Level 15
Feb 21, 2025 6:11:48 PM

They might send a 1099 but you don’t need it.   Enter interest from the IRS like a 1099Int and put the amount in box 1.  Enter it manually and just enter IRS for the payer.  Don't enter any other info like the address or a EIN.

 

Enter a 1099-Int  under

Federal on left

Wages & Income

Interest and Dividends

Interest on 1099INT - Click the Start or Revisit button

2 Replies
Level 15
Feb 21, 2025 6:11:48 PM

They might send a 1099 but you don’t need it.   Enter interest from the IRS like a 1099Int and put the amount in box 1.  Enter it manually and just enter IRS for the payer.  Don't enter any other info like the address or a EIN.

 

Enter a 1099-Int  under

Federal on left

Wages & Income

Interest and Dividends

Interest on 1099INT - Click the Start or Revisit button

Level 2
Mar 1, 2025 11:43:37 AM

Thank yo so much for your answer. It is clear now.