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April 15, 2024
Question

Do I have to claim Interest on money from Disability I put in a savings?

  • April 15, 2024
  • 1 reply
  • 0 views
I received a disability check, put it in savings and interest did accrue. Do I need to claim the interest? My Attorney said I don't claim the Disability money itself but do I need to claim Interest?

1 reply

KrisD15
April 15, 2024

Yes, enter that under 

Wages & Income

Interest and Dividends

Interest on 1099-INT   START or UPDATE

 

The interest needn't be on a 1099-INT, you can enter just the amount without Form 1099-INT 

 

 

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