How do you enter family loan income?

mari155217 · ‎April 8, 2024

xmasbaby0 · ‎April 8, 2024

You do not enter anything about a loan from a family member if you borrowed money from a family member. Or are you the one who loaned money to a relative and are you asking how to enter the interest they paid to you?

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

VolvoGirl · ‎April 8, 2024

Did someone pay you interest?

All you need to enter is the bank name or who paid you and put the amount in box 1.

Enter interest received like a 1099-Int under

Federal Taxes tab (Personal for Home & Business)

Wages & Income

Interest and Dividends

Interest on 1099INT - Click the Start or Update button

Expert does your taxes

Do it yourself

Resources

Support

How do you enter family loan income?