Tax Treatment Of EWP

James Barnes
  |     |   7 posts since 2016

How do I treat EWPs for federal income tax purposes?

  |     |   88 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.
  |     |   202 posts since 2012
Thanks from me also.
James Barnes
  |     |   7 posts since 2016
Thanks very much.

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