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Deductions & credits
In TurboTax report this using these steps:
- Federal
- Wages and Income
- Less Common Income
- Miscellaneous Income 1099-A, 1099-C\
- Other reportable income
You will enter a Description and the amount of the interest received.
Federal law requires U.S. citizens and resident aliens to report any worldwide income, including income from foreign trusts and foreign bank and securities accounts
March 7, 2021
7:04 PM