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Level 1
June 5, 2019
Solved

How do I report interest income for which I did not receive a 1099?

  • June 5, 2019
  • 1 reply
  • 10 views

This is a settlement payout required by the SEC from a fund that misused some fund assets.  A 1099-INT is issued only for payouts greater than $600.  Therefore I have no 1099.

Best answer by MinhT1

Even if you did not receive a form 1099-INT, you should report this interest income AS IF you had received form 1099-INT under Wages & Income > Interest and Dividends > Interest on 1099-INT.

1 reply

MinhT1Answer
Level 15
June 5, 2019

Even if you did not receive a form 1099-INT, you should report this interest income AS IF you had received form 1099-INT under Wages & Income > Interest and Dividends > Interest on 1099-INT.

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