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February 14, 2025
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How to I input interest income from IRS in my taxes?It does not have a form name or number.

  • February 14, 2025
  • 2 replies
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I received a letter from the IRS with total interes paid or credited to me from them in 2024.
    Best answer by VolvoGirl

    Enter interest from the IRS like a 1099Int and put the amount in box 1.  Enter it manually and just enter IRS for the payer.  Don't enter any other info like the address or a EIN.

     

    Enter a 1099-Int  under

    Federal on left

    Wages & Income

    Interest and Dividends

    Interest on 1099INT - Click the Start or Revisit button

     

    Don't enter a bank or broker name and don't try to import it.  At the bottom pick -  Change How I enter my Form

    Then on the next screen pick I'll Type it in Myself

    2 replies

    SharonD007
    February 14, 2025

    The interest from the IRS is entered in the Investments and Savings section of Wages & Income. The letter is Form 1099-IT. Refer to the TurboTax Help article Where do I enter Form 1099-INT? for navigation instructions.

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    VolvoGirl
    VolvoGirlAnswer
    Employee
    February 14, 2025

    Enter interest from the IRS like a 1099Int and put the amount in box 1.  Enter it manually and just enter IRS for the payer.  Don't enter any other info like the address or a EIN.

     

    Enter a 1099-Int  under

    Federal on left

    Wages & Income

    Interest and Dividends

    Interest on 1099INT - Click the Start or Revisit button

     

    Don't enter a bank or broker name and don't try to import it.  At the bottom pick -  Change How I enter my Form

    Then on the next screen pick I'll Type it in Myself