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New Member
posted Feb 13, 2025 6:10:26 PM

I got a statement from the IRS for interest income. Where do I add that into my income

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1 Best answer
Level 15
Feb 13, 2025 6:20:31 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 6:18:17 PM

You add that as a Form 1099-INT. Go to the federal section of TurboTax, then Wages and Income, then Interest and Dividends, then Interest on 1099-INT:

 

Skip the import option and enter the form manually.

Level 15
Feb 13, 2025 6:20:31 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