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What is the amount of taxable interest reported on the Matthews' Form 1040? A. $50 B. $250 C. $300 D. $350 CORRECTED (if checked) PAYER'S

What is the amount of taxable interest reported on the Matthews' Form 1040? image text in transcribed

A. $50

B. $250

C. $300

D. $350

CORRECTED (if checked) PAYER'S name, street address, city or town, state or province, country, ZIP or foreign postal code, and telephone no. OMB No. 1545-0112 Payer's RTN (optional) Interest Adelphi Bank and Trust 8020 Yonkers Blvd 2019 Income 1 Interest income YOUR CITY, STATE ZIP $ 300.00 Form 1099-INT 2 Early withdrawal penalty Copy B PAYER'S TIN RECIPIENT'S TIN For Recipient 3 Interest on U.S. Savings Bonds and Treas. obligations 34-7XXXXXX 317-00-XXXX 4 Federal income tax withheld 5 Investment expenses RECIPIENT'S name This is important tax information and is being furnished to the IRS. If you are required to file a return, a negligence penalty or other sanction may be imposed on you if this income is taxable and the IRS $ 20.00 24 MARK MATTHEWS 6 Foreign tax paid 7 Foreign country or U.S. possession 2$ Street address (including apt. no.) 9 Specified private activity bond interest 8 Tax-exempt interest 742 RED ROOSTER 2$ City or town, state or province, country, and ZIP or foreign postal code 10 Market discount 11 Bond premium YOUR CITY, STATE ZIP determines that it has not been reported. 50.00 2$ FATCA filing $ requirement 12 Bond premium on Treasury obligations 13 Bond premium on tax-exempt bond 24 15 State 16 State identification no. 17 State tax withheld Account number (see instructions) 14 Tax-exempt and tax credit bond CUSIP no. Form 1099-INT (keep for your records) Department of the Treasury - Internal Revenue Service www.irs.gov/Form1099INT

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