Deductions & credits

You will report as Interest.  

1. In TurboTax, go to Investment and Savings - Interest on 1099-INT (see below)
2. On the next screen. Click on Add Investment 
3. On the Let's Import your tax Info, Click on Enter a different way
4. You will see OK, let's start with one investment type, Click on 1099-INT then Continue
5. On the screen How would you like to upload your 1099-INT? Click on Type It in Myself

You can then enter his name for Received from and the amount in Box 1.