JulieS
Expert Alumni

Get your taxes done using TurboTax

Yes, you should report it as interest income greater than $.49, even if you didn't get a 1099-INT.

 

To enter interest income in TurboTax:

  1. Open your return and select Federal.
  2. Select Wages & Income.
  3. Scroll down, or expand the list and find Interest and Dividends.
  4. Expand that section and find Interest on 1099-INT.
  5. Click on Add/ Edit to the right.
  6. Select, I'll type it in myself, and click Continue.
  7. For Received from, enter the name of the bank or the company.
  8. Enter the amount and click Continue. 
  9. Answer the next question No.
     
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