I received a 1099-INT from the IRS. How do I find out what it was for? That is, not the interest itself, but what generated the taxable interest.
You'll need to sign in or create an account to connect with an expert.
Probably interest paid on a refund that they delayed payment on.
Did the IRS give you interest on your 2020 tax refund? It gave me a few dollars of some, even though my refund wasn't delayed.
Not sure. Is there a way to find out? But, are you saying that if they gave me interest on the refund they are now considering that interest that they paid me taxable income?
It would be for a refund you have already received. Yes, it is taxable. Don’t stress about it. Just report it.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
erwinturner
New Member
forologia45
Level 1
preppyg34
New Member
Db142
New Member
tbernard1958
New Member