If you receive a form 1099-INT in the mail, count yourself lucky. Sure, it's another tax document to keep track of, but it's also an accomplishment: It means you probably earned more than $10 in ...
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Reviewed by JeFreda R. Brown Fact checked by Michael Rosenston Key Takeaways T-bills are exempt from state and local taxes.Interest from T-bills is federally taxable and reported via Form 1099-INT.Up ...