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leek1
New Member

Federal savings bonds

I'm trying to enter an amount for federal savings bond interest, however, you do not have a section for that (it only mentions 1090-Int box 1, not box 3 as indicated on the Treasury Direct Form. This is the section from the Treasury Website: Interest on U.S. Savings Bonds and Treas. obligations (Ref. Box 3):  Shows interest on U.S. Savings Bonds, Treasury Bills, Treasury Notes, Treasury Bonds and Treasury Inflation-Protected Securities (TIPS).  This may or may not all be taxable.  See IRS Pub. 550.  This interest is exempt from state and local income taxes.  This interest is not included in box 1.  See the instructions above for a covered security acquired at a premium.
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Accepted Solutions
jerry2000
Alumni

Federal savings bonds

On the Turbotax 1099-INT form, look just below the "Received from" box  and you will see "my form has more info than just box one" click the box to the left of that and the additonal boxes including Box 3 will open.

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1 Reply
jerry2000
Alumni

Federal savings bonds

On the Turbotax 1099-INT form, look just below the "Received from" box  and you will see "my form has more info than just box one" click the box to the left of that and the additonal boxes including Box 3 will open.

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