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April 15, 2022
Question

Received a 1099 int with 18 dollars on it. I don’t have any stock accounts but I do have a 401k. It hasn’t been cashed out. What else could this be from?

  • April 15, 2022
  • 1 reply
  • 0 views
I was on UI from the pandemic and some said it might be an overpayment but I don’t recall receiving one.

1 reply

April 16, 2022

This is interest from the federal government for the taxes that were refunded to you when the first $10,200 of unemployment was declared non-taxable. The IRS sent interest since they kept your money for a few or more months.

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