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 Mar 8, 2020 1:43:03 AM

How do i enter a 1099-INT received from the IRS from interest income. there is no bank information its asking for.

0 9 6052
9 Replies
Expert Alumni
Mar 8, 2020 4:37:17 AM

It is not necessary or a required entry for the Federal identification number on Forms 1099-INT.  You can proceed to enter the interest and move to the next entry.

Level 3
Jul 8, 2020 4:36:02 PM

i received a letter from the IRS saying that they gave me interest with my refund. no 1099 just said that i must report it as income and gave me their tax ID. how does it get reported in turbotax???

Level 15
Jul 8, 2020 4:47:52 PM

IRS interest 1099 form probably only says 1099 (rev. 9-07) on it. The IRS EIN # on it is 38-1798424.

Enter interest from the IRS like a 1099Int and put the amount in box 1.
Enter a 1099-Int under
Federal
Wages & Income
Interest and Dividends
Interest on 1099INT - Click the Start or Update button

Put the interest amount in box 1

New Member
Feb 23, 2022 8:30:46 PM

It’s asking for zipcode for Ogden ut

Level 15
Feb 23, 2022 8:34:29 PM

For the IRS?  Delete that one and Enter interest from the IRS like a 1099Int and put the amount in box 1.  Enter it manually and just enter IRS for the payer.  Don't enter any other info like the address or a EIN.

New Member
Mar 22, 2022 10:19:20 PM

It says "Investments and Savings" now on the updated version rather than "Interest and Dividends." Is this correct?

Expert Alumni
Mar 23, 2022 5:02:57 AM

No. It is called Interest and Dividends.

 

 

 

Level 15
Mar 23, 2022 9:30:13 AM

@jpro1231  Where does it say Investments and Savings?  Can you post a screenshot?

Level 15
Mar 23, 2022 9:32:40 AM

Oh you are right!