SabrinaD2
Expert Alumni

Self employed

Here's how to report 1099-MISC interest income in TurboTax:

  1. Open or continue your return.
  2. Navigate to the 1099-MISC section:
    • TurboTax Online/Mobile: Go to 1099-MISC.
    • TurboTax Desktop: Search for 1099-misc and select the Jump to link.
  3. Answer Yes to Did you get a 1099-MISC?
    • If you already entered a 1099-MISC, on the 1099-MISC Summary screen select Add another 1099-MISC..
  4. Enter the details from your 1099-MISC.
  5. When asked if the income involved work, select No.
  6. Confirm that it did not involve an intent to earn money.
  7. Follow through with the rest of the questions