HelenC12
Expert Alumni

Get your taxes done using TurboTax

Generally, you should have received Form 1099-INT. If you have an online TreasuryDirect account, you could get a copy of our 109-INT.   Yes, you have to report it on your income tax return. 

 

To enter interest earned on US Savings Bonds, enter it as if you had a 1099-INT form:

 

  1. In TurboTax, select Federal from the left menu.
  2. Select Wages & Income from the top tab.
  3. Scroll down to Investments and Savings (1099-B, 1099-INT, 1099-DIV, Crypto) and Start/Review.
  4. If you land on the Your investments and savings screen, scroll all the way down to Add investments.
  5. On the next page Continue.
  6. On the Let's import your tax info screen, select Enter a different way.
  7. On the OK, let's start with one investment type screen, select Interest and Continue.
  8. On the How do you want to enter your 1099-INT? screen, select, Type it in myself.
  9. On the Let's get the info from your 1099-INT screen, enter the information putting the amount in Box 3 - Interest on U.S. Savings Bonds and Treas. obligations.
  10. Continue with the onscreen interview until complete. 
  11. If you have other boxes filled in, check mark the box My form has info in other boxes (this is uncommon). 
  12. Continue with the onscreen interview until complete.

 

 

 

 

 

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