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Deductions & credits
Yes, the interest is taxable income. You can enter it by selecting the following:
- Federal
- Income
- Show more next to Interest and Dividends
- Start next to interest on 1099-INT
You do not have to have the 1099-INT to claim it, all you will need is the payors Social security number and the amount they paid.
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March 11, 2025
4:18 AM