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March 7, 2025
Question

tax-exempt interest

  • March 7, 2025
  • 1 reply
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Box 8 of 1099-INT is tax-exempt interest income plus line 9 for specified private activity bond interest.  On my 1099-int worksheet it wants the amount in box 8.  But when I enter my state tax-exempt interest and out of state interest that total is the total interest before the box 9 amount is added in.  So I get an error message that it doesn't agee.  What do I do?

    1 reply

    March 13, 2025

    The amount of Box 9 is included in the amount in Box 8, so I'm not understanding where your error occurs?

     

    If you can give more details, we'll try to help.

     

    Here's more info on Form 1099-INT. 

     

    @jeasomndor1