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foreign bank interest

Forum|Forum|6 years ago
February 1, 2020
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Hello,

Adding more details and make it simple one..

I earned around $150 from foreign bank saving account interest. Since this is foreign bank, i don't have 1099-INT for foreign bank and that bank name is also not listed in Turbotax. In this case, can i just add new 1099-INT and add foreign bank interest in Box-1 ?

Best answer by linaj20201

Yes, you can do that by creating a 1099-INT replica and enter the information. As long as it is reported as a taxable event on your tax return, that's all it matters.

L

linaj20201Answer

Yes, you can do that by creating a 1099-INT replica and enter the information. As long as it is reported as a taxable event on your tax return, that's all it matters.