First time working with 1099-INT and 1099-MISC, any help?

[texaskidraskal]

Was a caregiver for my father-in-law and don't know how to go about doing my taxes with the forms the VA sent me.

[CDKaleighC · Accepted solution]

Form 1099-INT is used to report interest income from banks, brokerages, and other financial institutions. These earnings are always reportable and are usually (but not always) taxable.

Where do I enter Form 1099-INT?

Where do I enter Form 1099-INT?

Where do I enter Form 1099-INT?

1. Open (continue) your return in TurboTax.
2. In the search box, search for 1099-INT (upper- or lower-case, with or without the dash) and then click the "Jump to" link in the search results.
3. Answer Yes when asked if you received any interest income.
4. On the next screen, you'll be given options to either import or manually type in your 1099-INT. Select the option you want and click Continue.

https://ttlc.intuit.com/questions/1899701-where-do-i-enter-form-1099-int

Form 1099-MISC reports the total amount of payments you received from a company or an individual during the year. It includes your personal information, the payer’s information, and any federal or state withholdings. Different types of payment are found in different boxes.

The most common reason to get a 1099-MISC is because you are self-employed or an independent contractor. This means the company you worked for doesn't consider you an employee. Your income is reported in Box 7 (Nonemployee compensation).

Where do you enter Form 1099-MISC?

• Sign in to your TurboTax account.
• Select the orange button Take me to my return.
• Type “1099-misc” in the Search box.
• Select the “Jump to” link.
• This will take you to the 1099-MISC screen.

After you’ve entered the information from your 1099-MISC, we'll ask a few questions to confirm the type of income you received and create the necessary forms. If your 1099-MISC income is from self-employment, we’ll help you enter expenses related to your income.

https://ttlc.intuit.com/questions/2893392-where-do-i-enter-a-1099-misc