What do I do with Form 1099 MISC and Form 1099 INT that I received, and which report Trust income to the IRS?
The amounts on the Form 1099’s should be reported to the IRS, but make sure that you do not report the amounts twice. If you accurately report the tax information contained in the tax information booklet, you should not also report the amounts set forth on the Form 1099’s since such amounts are already provided in the tax information booklet.
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