AnswerXchange wants me directs me to a w2 to report interest income from a personal loan. Is that correct. Doesn't work
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No, it is not correct. Interest on a personal loan is entered AS IF you have received form 1099-INT. Please enter your individual’s name as a Payer's name and the amount of interest received in box 1.
No, it is not correct. Interest on a personal loan is entered AS IF you have received form 1099-INT. Please enter your individual’s name as a Payer's name and the amount of interest received in box 1.
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