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.

posted

Connect with an expert

1 Best answer

Accepted Solutions

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

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

Still have questions?