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March 6, 2025
Question

received a letter from the IRS stating that they paid interest to me. It says to report it as income. Where do I report this on my return?

  • March 6, 2025
  • 1 reply
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I received a credit of interest from the IRS for 2024, Do I just add this to my total income for the year?

1 reply

rjs
March 6, 2025

Enter it as if it was a Form 1099-INT. For the payer's name enter IRS. Enter the amount of interest in box 1. That's all you have to enter.