Get your taxes done using TurboTax

bluedeb · ‎March 26, 2022

Yes, all income should be entered in your tax return. The banks are not obligated to send you a 1099-INT when the amount is under $10 but you are required to enter the amount as a 1099-INT form.

Where do I enter Form 1099-INT?

Form 1099-INT reports interest from banks, brokerages, and other financial institutions. Here's how to enter a 1099-INT:

Open (continue) your return if it's not already open.
Inside TurboTax, search for 1099-INT and select the Jump to link in the search results.
Answer Yes to Did you receive any interest income?
- If you see Here's the interest we have so far, select Add interest income.
On the following screen, select how you want to enter your 1099-INT (import or type it in yourself) and follow the on-screen instructions.

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