We receive mortgage income and report interest to payees on a 1098. We report to government on a 1096. How to we report this income?
You'll need to sign in or create an account to connect with an expert.
You should report the interest income in the same manner as interest received from a bank, just AS IF you have received a form 1099-INT. Enter your individual’s name as a Payer's name and the amount of interest received in Box 1.
In TurboTax, open your return and follow these steps:
You should report the interest income in the same manner as interest received from a bank, just AS IF you have received a form 1099-INT. Enter your individual’s name as a Payer's name and the amount of interest received in Box 1.
In TurboTax, open your return and follow these steps:
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
skal
Level 2
beleaf
New Member
davidchl
New Member
expat23843
New Member
Stsxoz
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.