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posted Feb 2, 2020 7:01:32 AM

I recieeved a letter from my credit union that they had a good year and deposited money into my savings account that is taxable. Where do I put this amount in?

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1 Replies
Expert Alumni
Feb 2, 2020 7:26:52 AM

 

 

How much is the amount?  It sounds like a dividend or interest-related.  You might need to create a Form 1099-INT.  

 

I am attaching a post from our superuser jerry2000 who provides some good information on a related question.  Click here: Credit Union

 

To create a Form 1099-INT, in TurboTax online, here are the steps:

  • Sign in to your account and select Pick up where you left off
  • At upper right corner, in search box, type in 1099int then Enter 
  • Select "Jump to 1099int " 
  • Enter the amount as interest income