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June 3, 2019
Question

Tn interest from credit unions, banks, do I have to count as income on my tennessee federal tax form?

  • June 3, 2019
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1 reply

June 3, 2019

ALL income must be reported to the IRS.  The 1099-INT instructions state that payers of interest of $10 or more are required to furnish you and the IRS with this tax information.  So your bank will report your interest earned to the IRS. 

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