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Tax Treatment Of EWP

James Barnes
James Barnes   |     |   7 posts since 2016

How do I treat EWPs for federal income tax purposes?



Answers
RickZ
RickZ   |     |   42 posts since 2010
You get to deduct the EWP from your income. The financial institution will send you a Form 1099-INT showing the amount of the EWP. Enter it on line 30 of your 1040. Easy peasy.
klink
klink   |     |   196 posts since 2012
Thanks from me also.
James Barnes
James Barnes   |     |   7 posts since 2016
Thanks very much.


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