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Accrued interest paid

I got 1099-Misc ,there is an amount under ACCRUED INTEREST PAID FROM UNITED STATES. How to report it

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1 Best answer

Accepted Solutions
MarilynG1
Expert Alumni

Accrued interest paid

To enter your 1099-MISC on your return:

 

  • Choose the Federal return and the Wages & Income tab.
  • Scroll down to Less Common Income and Show more.
  • Choose Miscellaneous Income, 1099-A, 1099-C.
  • Choose Other Reportable Income and say Yes.
  • Even though the screen says "Do not enter income reported on Form 1099-MISC", this is where you will enter the description "1099-MISC for Interest Paid from United States' and the amount

@Teresa6672 

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

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1 Reply
MarilynG1
Expert Alumni

Accrued interest paid

To enter your 1099-MISC on your return:

 

  • Choose the Federal return and the Wages & Income tab.
  • Scroll down to Less Common Income and Show more.
  • Choose Miscellaneous Income, 1099-A, 1099-C.
  • Choose Other Reportable Income and say Yes.
  • Even though the screen says "Do not enter income reported on Form 1099-MISC", this is where you will enter the description "1099-MISC for Interest Paid from United States' and the amount

@Teresa6672 

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

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