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Deductions & credits
I would enter the foreign interest as Other Miscellaneous Income.
- Click on Federal on the left hand side of the screen
- Click on Wages & Income
- Scroll down to All Income
- Scroll down to Less Common Income
- Click on Show More
- Scroll down to Miscellaneous Income
- Click on Start
- Scroll down to Other Reportable Income
- Click Start and answer yes
- Enter description and amount
If you paid foreign tax on this income, you will need to enter foreign tax credit in the Search bar at the top or the page and click Jump to. You will need to enter the foreign tax in this section.
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‎February 23, 2020
8:45 AM