turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

edoug123-
New Member

I received a letter from IRS statement showing interest income for calendar year 2023 where does this go?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

I received a letter from IRS statement showing interest income for calendar year 2023 where does this go?

Report like a 1099-INT using IRS as the bank name. 

Vanessa A
Expert Alumni

I received a letter from IRS statement showing interest income for calendar year 2023 where does this go?

You can enter it by clicking the following:

  • Federal
  • Income
  • Show more next to Interest and Dividends
  • Start next to interest on 1099-INT
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

I received a letter from IRS statement showing interest income for calendar year 2023 where does this go?

Enter interest from the IRS like a 1099Int and put the amount in box 1.  Enter it manually and just enter IRS for the payer.  Don't enter any other info like the address or a EIN.

 

Enter a 1099-Int  under

Federal on left

Wages & Income

Interest and Dividends

Interest on 1099INT - Click the Start or Revisit button

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies