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Get your taxes done using TurboTax
@flobergken I took @RobertB4444 advice last year and manually entered the 1099 into TurboTax. In the blank for the bank name I entered "XXXXX Bank, Nominee interest for SSN xxx-xx-xxxx" using my Mom's SSN. I won't vouch for if that's the correct wording or not, maybe the other recent suggestions are more correct. I have to do it again this year so will be consistent and enter it the same way I did last year. I guess the main thing is that interest paid was accounted for on my tax return.
March 27, 2025
1:42 PM