Skip to main content
February 9, 2020
Question

No federal ID on credit union statement No 1199 issued due to minimum dividends Where can I find Fed ID

  • February 9, 2020
  • 1 reply
  • 0 views
No text available

1 reply

February 9, 2020

You should not need a Federal ID number to claim interest or dividend income from a credit union.  Typically, a credit union calls interest income dividends, but it should be reported as if you received a Form 1099-INT.  

 

Use the following steps to report your credit union dividend income:

  • On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
  • This opens a box where you can type in “interest income” (be sure to enter exactly as shown here) and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
  • The search results will give you an option to “Jump to interest income
  • Click on the blue “Jump to interest income” link and enter your information
**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"