How do you report interestest made from an HYIP on your taxes? - Top Hyip List,Hyip Review

How do you report interestest made from an HYIP on your taxes?

February 4, 2010 Brian 1 comment

I am currently invested in a HYIP and was wandering how do I report the interest on my taxes at the end of the year.

HYIP Artical from, HYIP, interestest, made, report, taxes

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Written by v b about 2 years ago.

It would appear that most HYIP are scams.

If you had a legitimate investment, you would receive 1099-INT, 1099-DIV and 1099-B statements at the end of the year. You would include the income on your tax return.

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