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W-2 is an income statement that lists any money earned from interest true or false
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W-2 is an income statement that lists any money earned from interest


true or false

User Prashast
by
7.4k points

1 Answer

3 votes
FALSE.

W-2 is an IRS form that reports wages paid to employees and the taxes withheld from them.

Money earned from interest are either reported in Form 1040 or Form 199-INT depending on the principal that earned the interest.
User Ralph Bisschops
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8.1k points
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