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February 11, 2025
Question

I received a 1099int from my bank. I have no where to report? What should I do?

  • February 11, 2025
  • 1 reply
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interest shows in box 1 for $73.37? no place to report it.

    1 reply

    February 11, 2025

    To enter interests received from a bank follow the instructions below

     

    If you are using TurboTax Online

    • From your TurboTax Home Screen select Income. Scroll down to +Add Income. Select Investments and Savings and then click Add on Interests on 1099-INT. (This will add the section to your main screen)
    • Go back to the home screen, income section to find the Interest screen. 

    If you are using TurboTax Desktop
     

    • From the main screen Select the Federal Taxes tab and then Wages & Income.
    • Locate the Interest and Dividends section, and click Start on Interest on 1099-INT