Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 4, 2019 2:46:10 PM

Where would I enter interest paid from my bank?

0 1 1384
1 Replies
New Member
Jun 4, 2019 2:46:11 PM

You'll enter interest paid from your bank by clicking on Federal Taxes, then Wages & Income, then scroll down to Interest & Dividends and click on Interest on 1099-INT.  Click start and follow the prompts.

TurboTax will ask if you received interest and you'll say "yes."  Then click "I'll type it in myself" and you'll be shown a screen to enter your amount(s).  TurboTax will address you as if you received a 1099-INT, but you may not have received the form, which is okay.  You'll simply type the amount of interest into box 1 on the screen.