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June 4, 2019
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I have to claim gross taxable income from a prepaid funeral trust.where do I list the interest

  • June 4, 2019
  • 1 reply
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Best answer by DianeW777

The interest income from this account can be entered by using the steps shown below.

You can go directly to the area to enter the document by following these steps.

1. Sign into your TurboTax online account and select your current return.

2. Select  My Account on the top right and then select Tools

3. Select Topic Search (see attached image)

4. Search for 1099int and select Go (see attached image)

5. Follow the interview to enter your document.

The following steps can be used in your TurboTax desktop account.

1. In the search box, upper right

2. Search for 1099int

3. Jump to 1099int (use the images attached for assistance)

1 reply

DianeW777Answer
June 4, 2019

The interest income from this account can be entered by using the steps shown below.

You can go directly to the area to enter the document by following these steps.

1. Sign into your TurboTax online account and select your current return.

2. Select  My Account on the top right and then select Tools

3. Select Topic Search (see attached image)

4. Search for 1099int and select Go (see attached image)

5. Follow the interview to enter your document.

The following steps can be used in your TurboTax desktop account.

1. In the search box, upper right

2. Search for 1099int

3. Jump to 1099int (use the images attached for assistance)

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January 23, 2021

I get a Grantor Trust Tax Information Statement from a Funeral Trust Account which contains Interest, Dividends and Capital Gains Distributions as well as Fiduciary Fees Paid but no 1099INT, DIV, etc. forms.

 

Can a FEDERAL E.I.N holder such as 37-6525314 get away with just a STATEMENT and no IRS FORMS?

 

Where does one find how to put all the $ in the correct places?