- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Where to enter capital gain & interest for a foreign bank account?
I'm using TurboTax Premium online.
I have a foreign account that generated both some capital gains and interests. Being a foreign account, I did not get any 1099 forms. Where exactly am I supposed to enter this? I tried a couple of things:
I went through the '1099-OID,Foreign Accounts' section, but because my account didn't reach the threshold, it said I didn't need to od anything there.
I tried adding things under the 'Investments and Savings (1099-B, 1099-INT, 1099-DIV, 1099-K, Crypto)', but it expects me to have a 1099. I tried pretending I had one and entering everything manually, and that 'worked', but feels sketchy/wrong.
What is the right thing to do here?
Topics:
‎February 20, 2024
11:10 AM