turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Ask the Experts All About the Refund! >> Event happening NOW!!!!
Close icon
Do you have a TurboTax Online account?

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

AREls567
New Member

interest income

I cannot add the amount of interest income to the bank that I received the interest income from. This program doesn't flow that easily. Yes, I am frustrated. So how can I put in the amount in Interest Income from a form 1099-INT. I just go round and round and round and round. HELP!
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

interest income

To report interest income received -

  • Click on Federal Taxes (Personal using Home & Business)
  • Click on Wages and Income (Personal Income using Home & Business)
  • Click on I'll choose what I work on
  • Under Interest and Dividends
  • On Interest on 1099-INT, click on the start or update button
  • Select I'll type it in myself

Or enter interest income in the Search box locate in the upper right of the program screen.  Click on the Magnifying Glass.  Click on Jump to interest income.  

 

If you cannot enter the name of the payer in the Received From box or the amount of interest received in Box 1, then try a different web browser.

joerasm
Returning Member

interest income

If I collect late fees in addition to interest income, do I include the late fee income also on the 1099-INT section or should late fee income be reported somewhere else?

interest income

If you are holding a mortgage then the late fees are considered interest so add the numbers together and make one entry.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies