To
enter this transaction in TurboTax Online or Desktop, please follow these
steps:
- Once
you are in your tax return, click on the “Federal Taxes” tab
("Personal" tab in TurboTax Home & Business)
- Next click on “Wages &
Income” ("Personal Income" in TurboTax Home & Business)
- Next click on “I’ll choose
what I work on” (jump to full list)
- Scroll down the screen until
to come to the section “Interest and Dividends”
- Choose “ Interest on
1099-INT” and select “start’
- Select "I'll type it in
myself"
- Enter the name of the
bank, the amount (if any) in box 1
- Check the box "My form
has info in more than just box 1 (this is uncommon)".
- Enter any foreign taxes paid
in box 6 (screenshot)
