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May 12, 2021

You should not have received a 1099-INT for interest earned in (and remaining in) an IRA account.

 

If you received a 1099-INT from an IRA account, then the income should have been sent to you, not retained in the IRA account. This can happen when you make excess contributions to an IRA account and they are returned to you.  Those earning would be taxable income and reported in the 1099-INT interview.