I have a new loan from a family member and they’re asking me for a 1099 on the interest paid in 2023, how do I do that?

shanefranciscaff — Tue, 10 Feb 2026 11:02:02 GMT

Re: I have a new loan from a family member and they’re asking me for a 1099 on the interest paid ...

LenaH — Thu, 22 Feb 2024 12:25:12 GMT

To create a 1099-INT Form, please follow the steps below.

If you are using TurboTax Online,

If you are using TurboTax Desktop,

Launch TurboTax Desktop (applicable to TurboTax Business and Home & Business also).
Select File from the top menu.
Select Create 1099s/W-2s.
Follow the instructions to create forms online.

You can also e-file the 1099-INT on the IRS website. Please see E-file forms 1099 with IRIS.

For additional information, please go to Instructions for Form 1099-INT.

[Edited 2/22/24 l 4:17AM PST]

SteamTrain — Thu, 22 Feb 2024 12:55:18 GMT

I didn't think you were supposed to create a formal 1099-INT for a personal loan.

.....but then, I'm not knowledgeable about all situations.