Thread: Tax Question
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Old 02-13-2008, 05:46 PM
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Holland Hacker Holland Hacker is offline
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Since you received a 1099 the IRS already has record of you receiving the $, as they also got a copy (or shortly will) get a copy of the 1099. If the money is not reported as income on your return you will be getting a friendly reminder letter from the IRS that you left it off of your return.

Based on the fact that you say that you can not itemize, I think as everyone else has already said you are SOL.
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