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where do I report tax free interest income on turbo tax
June 4, 2019
12:09 PM
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how do i report tax exempt interest on turbo tax 2020
March 9, 2021
5:30 PM
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You must report all taxable and tax-exempt interest on your federal income tax return. However, tax-exempt interest is not included in figuring adjusted gross income for taxation purposes.
Tax-Exempt Interest is reported in Box 8 of Form 1099-INT.
To report form 1099-INT on your Tax return:
- Login to your account.
- Select Federal from the left menu.
- Go to Wages and Income then Income and Expenses.
- Scroll Down to Interest and Dividends.
- Select Start next to Interest on 1099-INT.
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**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 10, 2021
7:24 AM
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Get your taxes done using TurboTax
You must report all taxable and tax-exempt interest on your federal income tax return. However, tax-exempt interest is not included in figuring adjusted gross income for taxation purposes.
Tax-Exempt Interest is reported in Box 8 of Form 1099-INT.
To report form 1099-INT on your Tax return:
- Login to your account.
- Select Federal from the left menu.
- Go to Wages and Income then Income and Expenses.
- Scroll Down to Interest and Dividends.
- Select Start next to Interest on 1099-INT.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 10, 2021
7:25 AM