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Rysio
Oct 15, 2011, 09:49 PM
Hello:
Please be so kind to tell me how much interest should be reported on 2010 you.S. Income tax form 1040 if invested $14,000.00 on 2 year CD which yields 3.5% to maturity and in the year 2010 $15,000.00 was received from that as a result. Original Issue Discount was $383.00 I need to make sure for school!
I trust this will receive your consideration, and I look forward to hearing from you as soon as possible.

Kind regards,
Andrew.

AtlantaTaxExpert
Oct 27, 2011, 08:40 AM
Sorry, but we do NOT answer homework questions, which is why no one posted an answer to your question.