Question

I received a 1099 INT from our mortgage company with $11.06 of earned interest income. Am I supposed to report this as income?

Forum|Forum|5 years ago
February 9, 2021
1 reply
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TurboTax Deluxe Online

Yes.

Amounts reported on Form 1099-INT are reported to the taxing agencies and matched to your income tax return.

You will enter your Interest income as follows:

Select Income & Expenses under the Federal Tab
Scroll down to All income
Select Interest on 1099-INT
Select Add another 1099-INT
Proceed to enter in the applicable information

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