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How do I enter the small interest amounts from my savings accounts?

 
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Accepted Solutions

How do I enter the small interest amounts from my savings accounts?

You must report all your income no matter how small, even $1 of interest that you don't get a 1099 for.  Enter interest received like a 1099-Int under
Federal Taxes tab
Wages & Income
Interest and Dividends
Interest on 1099INT - Click the Start or Update button

Put the interest amount in box 1

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2 Replies

How do I enter the small interest amounts from my savings accounts?

You must report all your income no matter how small, even $1 of interest that you don't get a 1099 for.  Enter interest received like a 1099-Int under
Federal Taxes tab
Wages & Income
Interest and Dividends
Interest on 1099INT - Click the Start or Update button

Put the interest amount in box 1

How do I enter the small interest amounts from my savings accounts?

Thanks, that answer helped.
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