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February 22, 2025
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Interest payment from IRS

  • February 22, 2025
  • 1 reply
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IRS paid me interest last year, and i received a letter stating it is interest income. Will IRS send me the 1099int or should I just report this as an income in my return?

Best answer by VolvoGirl

They might send a 1099 but you don’t need it.   Enter interest from the IRS like a 1099Int and put the amount in box 1.  Enter it manually and just enter IRS for the payer.  Don't enter any other info like the address or a EIN.

 

Enter a 1099-Int  under

Federal on left

Wages & Income

Interest and Dividends

Interest on 1099INT - Click the Start or Revisit button

1 reply

VolvoGirl
VolvoGirlAnswer
Employee
February 22, 2025

They might send a 1099 but you don’t need it.   Enter interest from the IRS like a 1099Int and put the amount in box 1.  Enter it manually and just enter IRS for the payer.  Don't enter any other info like the address or a EIN.

 

Enter a 1099-Int  under

Federal on left

Wages & Income

Interest and Dividends

Interest on 1099INT - Click the Start or Revisit button

Dflex CEOAuthor
March 1, 2025

Thank yo so much for your answer. It is clear now.