1. You do not have to report your 2018 income tax return on your 2020 income tax return. It is not taxable. You do have to report the interest you received.
Here's how to enter a 1099-INT from the IRS
- Open (continue) your return if it's not already open.
- Inside TurboTax, search for 1099-INT and select the Jump to link in the search results.
- Answer Yes to Did you receive any interest income?
- If you see Here's the interest we have so far, select Add interest income.
- On the following screen, select how you want to enter your 1099-INT (import or type it in yourself) and follow the on-screen instructions.
2. W-2C is a corrected W-2. This message was intended for individuals who deferred Social Security and/or certain self-employment taxes.
The issue has been resolved.
The Coronavirus, Aid, Relief and Economic Security Act (CARES Act) allows employers to defer the deposit and payment of the employer's share of Social Security taxes and self-employed individuals to defer payment of certain self-employment taxes. For more information on the Deferral of employment tax deposits and payments through December 31, 2020, click here.
Only customers who may legitimately receive a W-2C will get the pop-up.
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