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February 27, 2023
Question

My 1099-INT for has no 'Box3', how do I know what the Interest on U.S. Savings Bonds and Treas. obligations" is?

  • February 27, 2023
  • 1 reply
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I received a 1099-INT form from the IRS

1 reply

February 27, 2023

an IRS payment of interest for a late refund is not US Government interest for purpose of a state subtraction. 

only interest on formal US debt like T-Bills, and savings bonds qualify for a state subtraction. that's why box 3 is blank.