Question

What do I do when my bank does not issue a 1099 for 2020 if the interest is less that $200?

Forum|Forum|5 years ago
May 15, 2021
1 reply
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I do not have any information to enter for 1099 because my bank will not generate it for me if my interest is less than $200. Should I enter 2019 information?

TurboTax Deluxe Online

RayW7

If the bank does not issue a 1099-INT you still need to enter the interest you received.

Click the Federal Taxes tab. ( Select the Personal Tab and Personal Income when using self employed Home and Business)
Click Wages & Income.
Click "I'll choose what I work on."
Scroll down to the "Interest and Dividends" section.
Click the Start or Update button for "Interest on 1099-INT."