topic How To Report Interest Income Received From a Private Individual in TurboTax Deluxe 2025 in Get your taxes done using TurboTax

How To Report Interest Income Received From a Private Individual in TurboTax Deluxe 2025

RDC6 — Fri, 06 Feb 2026 04:42:44 GMT

I received interest income in 2025 from a personal loan (not for a mortgage) made to a family member, for which I did not receive a Form 1099-INT. The only way I have found so far to report this income in TurboTax Deluxe 2025 is to complete a 1099-INT screen after selecting "Add investments" in the "Wages & Income" section under "Interest and Dividends". I cannot seem to find a method that doesn't involve creating a 1099-INT in the software.

Does anyone know the proper way to report this kind of income in TurboTax Deluxe 2025?

Re: How To Report Interest Income Received From a Private Individual in TurboTax Deluxe 2025

rjs — Fri, 06 Feb 2026 05:10:50 GMT

That's the proper way to report it. Enter it as if you did get a 1099-INT. All you have to enter is the payer's name and the amount of interest.

Re: How To Report Interest Income Received From a Private Individual in TurboTax Deluxe 2025

RDC6 — Fri, 06 Feb 2026 14:39:22 GMT

Thanks very much, rjs! I appreciate your timely clarification.