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Google 2018 IRS Form 1099-INT and answer parts 1-7 about it. The instructions to Form 1099-INT may be useful when completing this exercise. You will
Google "2018 IRS Form 1099-INT" and answer parts 1-7 about it. The instructions to Form 1099-INT may be useful when completing this exercise. You will need a blank 2018 Form 1040 to answer some of the questions. Be sure you number your answers to receive credit.
- What is the name of this form?
- What information will you find in Box 1 of Form 1099-INT?
- On what line of the 2018 Form 1040 is taxable interest reported?
- On what line of Form 1099-INT is tax-exempt interest reported?
- On what line, if any, is tax exempt interest reported on the 2018 Form 1040?
- If federal income tax is withheld from an interest payment, on what line will it be reported on Form 1099-INT?
- On what line of the 2018 Form 1040 is federal tax withheld from an interest payment reported?
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