Follow the instructions below to enter your savings bond interest. You report Savings Bond interest from 1099-INT as interest income.
- Select Federal Taxes tab
- Select Wages & Income
- Choose I'll choose what to work on
- Select Interest and Dividends
- Locate the option Interest on 1099INT and click the Start /Update button
- Select "Yes" Did you receive any interest income?
- On the "Let Us Enter Your 1099-INT" screen, scroll down and press "I'll type it in myself"
- On the "Let's get the details from your 1099-INT or brokerage statement" screen, be sure to check the checkbox for "My form has info in more than just box 1 (this is uncommon)"
- Enter in the Savings Bond interest into Box 3
- You can now add Box 3 interest from your savings bonds.
- Continue along with answering the questions in the following screens and pressing "Continue"
- When you reach the "Did you cash any Series EE or I U.S. savings bonds?" screen, press "Yes".
