1099 Int form has no box 3

[lkelleycha]

Hello, 

I have received a 1099 Int form from the IRS and there isn't any numbered boxes on the form. I tried using my phone and uploading the form on turbotax and it didn't pick up anything to enter in that box either. Any help is appreciated. 

[Bsch4477]

Probably interest which goes in box 1

[DianeW777]

Yes, interest paid to you by the IRS is reported as interest income.  Every dollar of interest earned is taxable unless specifically exempted from federal tax.  Their reporting form is not always in the format they do require from others.  Follow the steps below to enter your interest.

1. Sign in to your TurboTax account and open or continue your return
2. Select Federal from the menu, then Wages & Income
3. Locate the section titled Investments & Savings and select Show More, then select Start or Revisit next to Interest on 1099-INT
4. Select Yes on the screen Did you receive any investment income? then Continue
   • If you see the screen Your investments & savings or Here's your 1099-INT info, select Add investments or Add another 1099-INT, then Continue
5. On the next screen, select how you want to enter your Form 1099-INT:
   • Select Enter a different way, and follow the instructions to enter your 1099-INT.  Place the interest in Box 1.

IRS Publication 550 can be viewed for more information about investment income.