Deductions & credits

You report bank interest in the Schedule B line1.

If you are filling out form 8938  you use the above information..

To enter the interest income, you should:

1. Enter interest income in the Search Magnifying Glass in the upper right hand corner of your screen.
2. Select Jump to interest income
3. Select you will enter the information yourself.

You report the foreign taxes paid on the interest income. 

The foreign tax paid is entered as follows:

1. Federal Taxes
2. Deductions & Credits (you may have to select See all Tax Breaks)
3. Scroll down to Estimates and Other Taxes Paid, 
4. select Foreign Taxes

Please make sure you report the interest income before claiming credit for foreign taxes paid.

@jul31  [Edited 03/6/22|1:02 pmPST]