In 2008 I had CD accounts at different banks. Banco Popular withheld federal income tax from the interest during the year, and I was paid the remainder. This is the first bank I have ever seen do this.
Interest earned: 534.62
Fed income tax withheld: 149.71
I am filling out my 1040A and don't know how to include this on my taxes. Should I add the $149.71 to the taxes withheld on my W2 from my employer?
Interest earned: 534.62
Fed income tax withheld: 149.71
I am filling out my 1040A and don't know how to include this on my taxes. Should I add the $149.71 to the taxes withheld on my W2 from my employer?
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