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March 1, 2025
Question

Saving Bond Redemption 1099 INT

  • March 1, 2025
  • 2 replies
  • 0 views

There is no place to enter the 1099 INT I received from the department of the treasury concerning the savings bonds I redeemed. The 1099-INT section on Turbo only allows banks & brokerages but not from the treasury department. The form I received is FORM S 5620.

 

Where do I enter this data?

 

 

    2 replies

    March 1, 2025

    The 1099-INT input section allows you to enter a manual 1099, where you can type in the Department of the Treasury as the payer.

     

    Here's how to enter a 1099-INT into TurboTax Online:

    1. Under "Let's import", choose "Enter a different way." 
    2. Choose Interest, continue
    3. Choose "Type it in myself"
    4.  Enter FEIN from payer, payer's name, and amount of interest. Choose recipient's name from dropdown box.
    March 4, 2025

    Thank you.  I did all that you mentioned.