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Investors & landlords
Reporting the interest, sales or original issue discount 1099s is the same as any company would be. The boxes of entry are important in relationship to the information received on your Treasury Direct report.
- Where do I report Form 1099-INT? - Box 3 is for US Bond interest
- Where do I enter Form 1099-OID? - Box 11 is for Tax Exempt OID
- Where do I report Form 1099-DIV? - Box 12 is Exempt Interest Dividends
- For TurboTax Desktop: Search (upper right) > 1099div > Click the Jump to... link
- Where do I enter or import Form 1099-B? - A sale or redemption is not a tax free event.
All 'dividends' from a credit union are 'interest' for tax purposes.
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