Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Sources of Income

Determining Income Source

Check Your Knowledge

Question 1 of 2

Richard, a resident of Puerto Rico, receives interest from a personal loan made to Frank, a U.S. resident and the payer. What is the source of Richard's interest income?

Foreign
Puerto Rico
U.S.

Click here to view the Source Rules table.



Source Rules table

Source Rules table