Sebastian has received a 1099-INT from his financial institution showing $167 in box 2 of the form.

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Sebastian has received a 1099-INT from his financial institution showing $167 in box 2 of the form. How should he handle this on his 2021 tax return and why?

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Fundamentals Of Taxation 2022

ISBN: 9781264209408

15th

Authors: Ana Cruz, Michael Deschamps, Frederick Niswander

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Question Posted: Apr 18, 2023 04:10 AM

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Sebastian has received a 1099-INT from his financial institution showing $167 in box 2 of the form.

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Sebastian should report the 167 in box 2 of his 1099INT on his 2021 tax return as interest ...View the full answer

Fundamentals Of Taxation 2022

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