You have a couple of options.
You can issue yourself a 1099-int from your mother for the amount of interest paid to you in order to report the transfer to the IRS. That's very involved but it definitely does dot all the i's and cross all the t's.
Or, you can manually enter the 1099 into TurboTax and, in the blank for the bank name, enter "XXXXX Bank, Nominee interest for SSN xxx-xx-xxxx". Then that is the name that will show up on the schedule B.
@keefersmith
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
