turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

swamih
New Member

Foregin account interest

do not have 1099-INT form from foregin account. where to enter interest income from foregin bank. FEIN cannot leave blank as per tools navigation restriction
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
MayaD
Expert Alumni

Foregin account interest

To avoid any error message you can report the foreign interest as Other Income:

  1. Login to your account, select Pick up where you left off
  2. In the search box, type in "other reportable income" and Enter
  3. Select Jump to other reportable income
  4. Next screen, Other Wages Received, select No to continue
  5. Scroll all the way down, under Other reportable income, select Start
  6. Next screen, Any Other Taxable Income? select Yes to continue
  7. Enter a description and the amount.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

3 Replies
MayaD
Expert Alumni

Foregin account interest

To avoid any error message you can report the foreign interest as Other Income:

  1. Login to your account, select Pick up where you left off
  2. In the search box, type in "other reportable income" and Enter
  3. Select Jump to other reportable income
  4. Next screen, Other Wages Received, select No to continue
  5. Scroll all the way down, under Other reportable income, select Start
  6. Next screen, Any Other Taxable Income? select Yes to continue
  7. Enter a description and the amount.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
swamih
New Member

Foregin account interest

Thanks, I did the same thing but I got error to enter few details in the 2555-T form.

I found other post for the same issue, it says need service code to upgrade to remove this form.

Now need to know how to get service code.

swamih
New Member

Foregin account interest

I fixed the issue by going to tools-> deleted the 2555-T form.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question