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jremza001
New Member

How DO I ENTER INTEREST INCOME. I CAN ONLY GET TO DIVIDENDS

 
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NicolleR1
Expert Alumni

How DO I ENTER INTEREST INCOME. I CAN ONLY GET TO DIVIDENDS

To enter interests received from a bank follow the instructions below

 

If you are using TurboTax Online

 

  • From your TurboTax Home Screen select Income. Scroll down to +Add Income. Select Investments and Savings and then click Add on Interests on 1099-INT. (This will add the section to your main screen)
  • Go back to the home screen, income section to find the Interest screen. 

 

If you are using TurboTax Desktop
 

  • From the main screen Select the Federal Taxes tab and then Wages & Income.
  • Locate the Interest and Dividends section, and click Start on Interest on 1099-INT

How DO I ENTER INTEREST INCOME. I CAN ONLY GET TO DIVIDENDS

To report interest income received -

Click on Federal Taxes (Personal using Home & Business)
Click on Wages and Income (Personal Income using Home & Business)
Click on I'll choose what I work on
Investments and Savings
On Interest on 1099-INT, click on the start or update button


Or enter interest income in the Search box locate in the upper right of the program screen. Click on Jump to interest income


Online returns -

On the screen Did you have investment income in 2024? Click on Yes

On the screen Let's import your tax info, click on Enter a different way

On the screen OK, let's start with one investment type, click on Interest and Continue

On the screen How would you like to upload your 1099-INT? Click on Type it in myself

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