Hi
I got a tax refund from 2020 and I need to add that amount as interest taxable income on my 2021 tax return
When I add that through the 1099-INT, Do I input in the bank name (IRS - taxable income for 2020) and the amount?? anything else I should do?
Thank you
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Yes, enter the interest exactly as if it was from a bank and include the name of the IRS.
actually, the payor is the Department of the Treasury. but the IRS knows many taxpayers say IRS.
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