LAN stands for local area network. A local area network allows several computers that are close to each other to share files, printers, games or other application. LANs are frequently found in offices, homes, schools and other locations where computer users need to communicate. A LAN may be either wired or wireless. A wired LAN is composed of ethernet cables, adapters and hubs. A wireless LAN connects computers via a wireless router. A LAN may connect to other LANs, the Internet, or to a wide area network (WAN). The smallest LAN has two computers while large LANs can contain thousands of computers.
1 Include all interest you paid, including any amounts paid at closing, which was not reported on form 1098, on line 11 of Schedule A, along with the name and address of the person to whom you paid the interest. 2  Include all points you paid, which were not reported on form 1098, on line 12 of Schedule A.eport interest and points according to these guidelines: 1  Include all interest and points reported to you on form 1098 on line 10 of Schedule A. 2  This amount will include both interest and points paid at closing, as well as interest paid throughout the year.
You can also report interest on U.S. savings bonds until the savings bond matures or is redeemed. Interest Income and Form 1099-INT Interest income is reported by the bank or other financial institution on Form 1099-INT, a copy of which is then sent to you and to the IRS. You'll receive a 1099-INT from each institution that paid you $10 or more in interest during the year. Check Box 1 of any 1099-INT forms you receive. Taxable interest is reported there. Interest from U.S. savings bonds and treasury notes and bonds is reported in Box 3 of Form 1099-INT. Municipal bond interest is reported in Box 8. The portion of municipal bond interest that's generated from private activity bonds is reported in Box 9. How to Report Interest Income Now where do you enter all this on your tax return? You'll report interest income in the following places: