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posted May 31, 2019 8:32:02 PM

I cashed in my savings bonds and I have redemption statements from Wells Fargo how do I input them as a 1099-INT

My redemption slip shows me the interest and the current value on them and that is it how do I input this data?

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1 Replies
Intuit Alumni
May 31, 2019 8:32:04 PM

You don't need a 1099-INT to report the interest.  Enter the interest as if you have a 1099-INT.   

To enter your savings bond interest:

  1. Select Federal Taxes.
  2. Select Wages & Income
  3. Scroll down to Interest and Dividends group.
  4. Click on the Start button to the right of the Interest on 1099-INT category.
  5. Answer Yes to Did you receive any interest income?
  6. Click I'll type it in myself
  7. Click the box next to My form has info in more than just box 1 (this is uncommon) to show boxes 2-14.
  8. Enter your interest in Box 3