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 Feb 13, 2025 5:04:39 PM

How to I input interest income from IRS in my taxes? It does not have a form name or number.

I received a letter from the IRS with total interes paid or credited to me from them in 2024.

0 2 1655
1 Best answer
Level 15
Feb 13, 2025 5:16:10 PM

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.

 

Enter a 1099-Int  under

Federal on left

Wages & Income

Interest and Dividends

Interest on 1099INT - Click the Start or Revisit button

 

Don't enter a bank or broker name and don't try to import it.  At the bottom pick -  Change How I enter my Form

Then on the next screen pick I'll Type it in Myself

2 Replies
Expert Alumni
Feb 13, 2025 5:07:06 PM

The interest from the IRS is entered in the Investments and Savings section of Wages & Income. The letter is Form 1099-IT. Refer to the TurboTax Help article Where do I enter Form 1099-INT? for navigation instructions.

Level 15
Feb 13, 2025 5:16:10 PM

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.

 

Enter a 1099-Int  under

Federal on left

Wages & Income

Interest and Dividends

Interest on 1099INT - Click the Start or Revisit button

 

Don't enter a bank or broker name and don't try to import it.  At the bottom pick -  Change How I enter my Form

Then on the next screen pick I'll Type it in Myself