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Get your taxes done using TurboTax
You'll only be able to enter the Form 1099-INT payer's information when entering nominee information.
To enter nominee interest information in TurboTax Desktop, open your return and:
- Select FEDERAL TAXES in the banner
- Select Wages & Income
- Answer Yes on the Do You Have Other Income to Enter? screen, then select Continue
- Select I'll choose what I work on on the How do you want to enter your income? screen
- Select Start or Edit to the right of Interest on 1099-INT
- Answer Yes on the Did you receive any interest income? screen
- Select I'll type it myself, then Continue
- Enter your relevant information on the Let's get your 1099-INT or brokerage statement details screen, then select Continue
- Proceed until you reach the Tell us if any of these uncommon situations apply screen, select the box next to We need to adjust the taxable amount, then select Continue
- Make your adjustment on the Report Interest Adjustment screen, select the bullet next to I received all or part of this interest for someone else (I am a nominee), then select Continue
- Continue through the subsequent screens
‎January 22, 2024
11:05 AM