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New Member
posted Mar 17, 2025 7:37:49 AM

Where to claim certificate of deposit interest

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1 Replies
Expert Alumni
Mar 17, 2025 7:47:02 AM

You should have received a 1099-INT for the Certificate of Deposit. You can post it under Wages & Income.

 

You should log into TurboTax.

  1. Under Federal
  2. Select Wages & Income
  3. Scroll through the drop down list to Investments and Savings1099-B, 1099-INT, 1099-DIV, Crypto Gain/Loss Report
  4. Select the type of investment
    1. Interest on 1099-INT
    2. Dividends on 1099-DIV
    3. Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)
    4. Capital Loss Carryover
    5. If this is your first time using this area there will be multiple questions
  5. Continue the interview