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.

Interest income received

My grandson's savings accounts are under my checking account, and I just

received a 1099-Int statement addressed to him.  The amount of interest he

earned is $41.99.  Do I need to report this on my 2018 tax return?

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.

1 Best answer

Accepted Solutions

Interest income received

If his name is on the 1099-INT then you don't enter it on your tax return. 

View solution in original post

1 Reply

Interest income received

If his name is on the 1099-INT then you don't enter it on your tax return. 

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