Providence District, Internal Revenue Service ... In general, you can exclude from income the amount of interest earned on a frozen deposit. ... interest y the interest that was cred - the net amount (1 gmaquot; these deposits during withdrawals). our gross income in the tax n ... Yes, even under the circumstances caused by the banking crisis, the IRS has no authority to abate interest due to late payment of taxes.
|Title||:||Your Federal Taxes and the Rhode Island Banking Crisis|