topic If I can calculate how much interest I earned in my savings account without receiving my 1099-INT, do I still need to wait to receive it before filing my taxes? in Get your taxes done using TurboTax

If I can calculate how much interest I earned in my savings account without receiving my 1099-INT, do I still need to wait to receive it before filing my taxes?

jntexas02 — Tue, 10 Feb 2026 09:14:08 GMT

I’ve added the quarterly payments to get my total.

Re: If I can calculate how much interest I earned in my savings account without receiving my 1099-INT, do I still need to wait to receive it before filing my taxes?

Carl — Mon, 29 Jan 2024 17:57:29 GMT

No. The 1099-INT is not required to report interest income. Typically, banks will not even issue the 1099-INT for interest amounts of less than $10. But even then, one is still required to report it. If you'll note in the 1099-INT section of the program, all it asks for is the name of the institution that paid you the interest, and the amount they paid you. There's no need for a payer's EIN or anything else for that matter. (Not sure, but I don't think it even asks for the address of the payer either.)

Re: If I can calculate how much interest I earned in my savings account without receiving my 1099-INT, do I still need to wait to receive it before filing my taxes?

jntexas02 — Mon, 29 Jan 2024 18:00:58 GMT

Thank you! I figured that was the case but didn’t want to miss something. I appreciate the quick reply!