Get your taxes done using TurboTax

You do not send a 1099INT to your friend.  You would get a 1099 from the person paying you interest like your bank.  But individuals don’t send 1099 forms.  All you need to enter is the bank name or who paid you and put the amount in box 1.

 

Enter interest received like a 1099-Int under

Federal Taxes tab (Personal for Home & Business)

Wages & Income

Interest and Dividends

Interest on 1099INT - Click the Start or Update button

 

Put the interest amount in box 1