Even though you didn't receive Form 1099-INT, you still report the interest, which is reported on Schedule B. To enter your 1099-INT follow the steps below: Launch TurboTax Select Federal and Wages & Income Select Add more income Select the dropdown by Investments and Savings Select Interest on 1099-INT and follow the prompts to enter the interest that you received. Refer to the TurboTax Help article Filing Tax Form 1099-INT: Interest Income for more information.

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SirDingus

Solved

I got interest from a bank that was not large enough to warrant a 1099-INT. How can I report this interest?

Forum|Forum|1 year ago
March 16, 2025
1 reply
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TurboTax Free Edition Online

Best answer by SharonD007

Even though you didn't receive Form 1099-INT, you still report the interest, which is reported on Schedule B.

To enter your 1099-INT follow the steps below:

Launch TurboTax
Select Federal and Wages & Income
Select Add more income
Select the dropdown by Investments and Savings
Select Interest on 1099-INT and follow the prompts to enter the interest that you received.

Refer to the TurboTax Help article Filing Tax Form 1099-INT: Interest Income for more information.

SharonD007Answer

Even though you didn't receive Form 1099-INT, you still report the interest, which is reported on Schedule B.

To enter your 1099-INT follow the steps below:

Launch TurboTax
Select Federal and Wages & Income
Select Add more income
Select the dropdown by Investments and Savings
Select Interest on 1099-INT and follow the prompts to enter the interest that you received.

Refer to the TurboTax Help article Filing Tax Form 1099-INT: Interest Income for more information.

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SirDingusAuthor

Thank you for the response. However, how am I supposed to report a nonexistent 1099-INT? Won't it get flagged because it doesn't exist?

Mike9241

assuming the bank did not report this to the iRS, reporting more income than their records show should never create a problem. Your situation is common.