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ddlong63
New Member

I received 95,000 in back child support approximately 10,000 is interest on the arrearage

where do I claim the interest paid on a lump sum payment of $95,000? There is approximately $10,000 in interest. I received the amount in cash and deposited it into my bank account. I had a judgement for the child support and I forgave any remaining interest amount owed me? All I have is a letter from friend of the court breaking down the arrearage amount vs interest. Both My ex and I signed off on the judgement.
1 Reply
Marketstar
Level 7

I received 95,000 in back child support approximately 10,000 is interest on the arrearage

Enter your interest income in the below area

To enter interest income

  • Type in 1099-int the search box, top right of your screen, then click the magnifying glass
  • Click the jump to 1099-int link in the search results
  • Follow to prompts and online instructions

Arrive at the Let's get your 1099-INT or brokerage statement details page

Type in the source of your income in the Received from field

Enter the interest income in Box #1 Interest income field


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