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Interest income - $250 from savings account at First Lubbock Bank; $300 from State of Texas Bond; $130 from US Treasury Bond; $1,800 from CD
Interest income - $250 from savings account at First Lubbock Bank; $300 from State of Texas Bond; $130 from US Treasury Bond; $1,800 from CD however CD was cashed out early and a 10% penalty of $180 was assessed.
What goes into GI and what goes towards deductions for agi? Also, where on the tax form would it go?
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