If this investment was sent to you as interest income, please see the following answer by Employee TaxPro Victoria:
You can include this PR interest under the 1099-INT section as if you received a 1099-INT.
To enter foreign interest income in TurboTax Online (for TurboTax Online sign-in, click Here , then select "Take Me to My Return") or Desktop, please follow these steps:
- Once you are in your tax return, click on the “Federal Taxes” tab ("Personal" tab in TurboTax Home & Business)
- Next click on “Wages & Income” ("Personal Income" in TurboTax Home & Business)
- Next click on “I’ll choose what I work on” (jump to full list)
- Scroll down the screen until to come to the section “Interest and Dividends”
- Choose “ Interest on 1099-INT” and select “start’
- Select "I'll type it in myself"
- Enter the name of the foreign bank, the amount (in USD) in box
If this is reported to you as dividends, then do the same as above, except choose Dividends.
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