turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

wmurphy74
New Member

I made 21 cents interest for my savings account so I did not receive a 1099-INT for it. How and where do you report this through turbo tax?

Under the 1099-INT section on turbo tax, it only asks you to enter information from the boxes of a 1099-INT. How do you enter the amount without it?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

I made 21 cents interest for my savings account so I did not receive a 1099-INT for it. How and where do you report this through turbo tax?

Since the amount of interest is under $0.50 it does not have to be entered.

JamesG1
Employee Tax Expert

I made 21 cents interest for my savings account so I did not receive a 1099-INT for it. How and where do you report this through turbo tax?

You are not able to enter a dollar amount less than $1 and $.23 rounds down to $0.  Retain any paperwork of the interest in your tax papers.

 

See here.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question