How/where do i report interest earned on a personal loan/promissory note?

[hollyg1964]

I earned interest on a personal loan/promissory note this year. 

Do I report that as a 1099-int even though I won't be getting a 1099-int form for it?

Or do I report it someplace else like miscellaneous income?

[HelenaC · Accepted solution]

Please see the instructions below on how to enter your interest income

• Type other taxable income in the search bar
• Click on Jump to other taxable income
• At the Other Wages Received screen, answer NO and continue
• Scroll down to Other reportable income, click Start/Update
• Click YES at Any Other Taxable Income?
• Enter a description and amount and continue.
• The amount should appear on your Form 1040, line 21.

To check this entry:

• Click on My Account
• Click on Tools
• Under Other helpful links, choose View Tax Summary
• In the same row as Tax Timeline, choose Preview my 1040
• Scroll down to Line 21. Your amount should be reflected on this line
• To get out of the Preview my 1040 screen, click on back.