01.31.2009

I had an investment with REMIC status last year. I received a 1099 showing $4000 in interest. Any fiiing tips?

Investment Tips



I’m married, filing jointly. Total income is probaly not going to be over $50k.

Latrina
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Posted under Personal Finance by admin

2 Responses to “I had an investment with REMIC status last year. I received a 1099 showing $4000 in interest. Any fiiing tips?”

  1. mash220202 Says:

    Income that is not wage income should probably be reported on schedule “C”

  2. Roger C Says:

    Yep, claim it as income on schedule B and pay your taxes.

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