Interest given by an insurance company is generally treated as taxable interest income. Here's how you can report it in TurboTax:
- Sign in to TurboTax: Open your TurboTax account and go to your return.
- Go to Wages & Income: Scroll down to the "Wages & Income" section.
- Click Interest and Dividends:
- Enter Interest Income
- Even if you did not receive a Form 1099-INT, you can still enter the interest manually choosing enter a different way.
- Enter Details: Enter the name of the insurance company as the payer and the amount of interest received.
