Solved: I have got an extra $17.82 with my federal 2019 re...
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tkma4rag
Level 1

I have got an extra $17.82 with my federal 2019 refund from IRS, and I have to report that money in interest as taxable income for 2020. How can I do that? Thanks.

 
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Accepted Solutions
DoninGA
Level 15

I have got an extra $17.82 with my federal 2019 refund from IRS, and I have to report that money in interest as taxable income for 2020. How can I do that? Thanks.

To report interest income received -

  • Click on Federal Taxes (Personal using Home & Business)
  • Click on Wages and Income (Personal Income using Home & Business)
  • Click on I'll choose what I work on
  • Under Interest and Dividends
  • On Interest on 1099-INT, click on the start or update button

Or enter interest income in the Search box locate in the upper right of the program screen. Click on Jump to interest income

View solution in original post

1 Reply
DoninGA
Level 15

I have got an extra $17.82 with my federal 2019 refund from IRS, and I have to report that money in interest as taxable income for 2020. How can I do that? Thanks.

To report interest income received -

  • Click on Federal Taxes (Personal using Home & Business)
  • Click on Wages and Income (Personal Income using Home & Business)
  • Click on I'll choose what I work on
  • Under Interest and Dividends
  • On Interest on 1099-INT, click on the start or update button

Or enter interest income in the Search box locate in the upper right of the program screen. Click on Jump to interest income

View solution in original post

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