LindaS5247
Expert Alumni

Get your taxes done using TurboTax

Yes, Treasury Bills (or T-Bills for short) are a short-term financial instrument that are issued by the Department of Treasury.

 

If you received interest income from a T-Bill, but didn't receive a Form 1099-INT, you can report the interest as follows:

  1. Open or continue your return.
  2. Search 1099-INT or 1099INT (lowercase also works)
  3. Select the Jump to link.
  4. Answer Yes to Did you have any interest income? ...
  5. On the Get ready to be impressed screen, select Continue.
  6. Select Enter a different way.
  7. Select Interest 1099-INT and Continue.
  8. Select Type it in myself.

Your "Received from" in TurboTax will be the U.S. Department of Treasury.

Click here for additional information on Form 1099 INT.

 

Click here for Instructions for Form 1099 INT.
 

[Edited 02/21/23|3:10 pm PST] @lauracalili 

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