Form 1099-INT is sent to the taxpayer to show interest income earned during the tax year. Different types of interest received may include savings bond interest, checking and savings account interest, and/or interest earned on Treasury bills.
Where to enter Form 1099-INT?
To enter, go to:
- Federal Section
- Income - Select My Forms
- 1099-DIV, INT, OID - Interest Income, Dividends, and Distributions
You will be prompted to select the form and type of income you need to report. Select the appropriate form and enter the information from your original form.
The program will carry the figures that you enter to the appropriate places on your return. If you would like to know where to look for each item, click the link below. Included in the document will be “Instructions for Recipient”. Use these instructions to determine where the figures should appear on your return forms.
To view a sample Form 1099-INT, click here.