Investors & landlords

You can enter your savings bond interest by following these steps:

1. When you are in your tax return, go to the Wages & Income tab. 
2. Scroll to the Interest and Dividends section and click the Start/Revisit box next to Interest on 1099-INT.
3. On the screen Did you receive any interest income? click the Yes box,
4. On the screen, Let's import your tax info, click the box at the bottom Change how I enter my form.  
5. On the next screen, How do you want to add your 1099-INT, click the box Type it in myself.  
6. Enter the interest on the next screen.  Saving bond interest should be entered in box 3. 
7. NOTE:   If you are using the CD/Download version of TurboTax, click the box My form has info in more than just box 1.  Then enter the savings bond interest in box 3.  [See screenshot below.]

The interest that your savings bonds earn is subject to federal income tax, but not to state or local income tax.