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Deductions & credits
You didn't receive form 1099-INT, but you'll report the foreign interest as if you received a form 1099-INT. And you'll fill out form 1116 to claim the foreign tax credit.
In TurboTax Online, you can enter your foreign interest by following these steps:
- Open your tax return
- Click on Federal in the left-hand column, then on Wages & Income
- Continue to All Income, locate the section Investments and Savings and click on the arrow on the right
- Click Start next to Interest on 1099-INT.
Also read this TurboTax article on Form 1116.
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‎February 25, 2024
7:46 AM