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Level 1
June 6, 2019
Solved

How about credit union account

  • June 6, 2019
  • 1 reply
  • 18 views
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Best answer by CherylW

If you're asking about interest from your credit union account, it is reportable.

Some credit unions report their interest paid to you as dividends, but it's really interest.

To enter it:

1.       Click Federal on the left-hand side menu.

2.       Click Income across the top.

3.       Scroll down to Interest and Dividends and click Show more.

4.       Click Start or Revisit by Interest on 1099-INT.


1 reply

CherylWAnswer
Level 11
June 6, 2019

If you're asking about interest from your credit union account, it is reportable.

Some credit unions report their interest paid to you as dividends, but it's really interest.

To enter it:

1.       Click Federal on the left-hand side menu.

2.       Click Income across the top.

3.       Scroll down to Interest and Dividends and click Show more.

4.       Click Start or Revisit by Interest on 1099-INT.