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Form 11 C Rev January Internal Revenue Service

Form 11 C Rev January Internal Revenue Service

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why am I getting this 1099 int end 29.90 means you've got some interest income in that calendar year and you need to report it on your tax return you will only receive a 1099 int if you've received more than ten dollars of Interest here's a couple boxes you want to pay attention to on your 1099 int box one this is the interest that you have earned box two if you had a CD with the early withdrawal you're going to want to put that on your tax return because that'll offset your interest income box three because that's U.S treasury and U.S savings bond interest which is only taxable at the federal level and more than likely not taxable at your state level box four did they withhold any tax from your interest box 8 is definitely one you want to capture because it's tax-exempt interest you don't want to pay tax on interest that you don't need to pay tax on hope this is helpful I'm at a 1099 int is have a good res

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