Carl
Level 15

Investors & landlords

You don't report the cash out of a CD in the Investments section. It gets reported under the Personal Income tab in the Interest and Dividends section.  Since CD's earn/pay interest, you will report it as 1099-INT interest income. An actual 1099-INT form is not required for you to enter/claim the interest income.

You only report the Interest earned. You do "NOT" include your purchase price of the CD.