When you have interest income of less than $10, your financial institution is not required to give you a 1099-int form. However, all income needs to be reported. In TurboTax, you would enter the $3.77 "as if" you received from 1099-int. To enter: As you're going through the interview, on the Let's import your tax info screen, select Change how I enter my form. On the How do you want to add your 1099-INT? screen, select Type it in myself. On the Let's get the info from your 1099-INT screen, enter the information. Note: there's no where on the screen where it asks for the FEIN.

TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

sdifiore-att-net

Level 1

Solved

Received and reported $3.77 interest from Credit Union. Turbotax wants an FEIN for the Credit Union. We don't have a FEIN because 1099-Int not required to be issued.

Forum|Forum|5 years ago
March 1, 2021
1 reply
24 views

No text available

TurboTax Premier Online

Best answer by HelenC12

When you have interest income of less than $10, your financial institution is not required to give you a 1099-int form. However, all income needs to be reported. In TurboTax, you would enter the $3.77 "as if" you received from 1099-int.

To enter:

As you're going through the interview, on the Let's import your tax info screen, select Change how I enter my form.
On the How do you want to add your 1099-INT? screen, select Type it in myself.
On the Let's get the info from your 1099-INT screen, enter the information. Note: there's no where on the screen where it asks for the FEIN.

HelenC12Answer

Level 15

To enter:

As you're going through the interview, on the Let's import your tax info screen, select Change how I enter my form.
On the How do you want to add your 1099-INT? screen, select Type it in myself.
On the Let's get the info from your 1099-INT screen, enter the information. Note: there's no where on the screen where it asks for the FEIN.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"