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T-Bills

T-Bills are taxable to federal government, but not taxable to the state, how do I report in TurboTax 

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Accepted Solutions

T-Bills

To report interest income received -

Click on Federal Taxes (Personal using Home & Business)
Click on Wages and Income (Personal Income using Home & Business)
Click on I'll choose what I work on
Under Interest and Dividends
On Interest on 1099-INT, click on the start or update button

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3 Replies

T-Bills

To report interest income received -

Click on Federal Taxes (Personal using Home & Business)
Click on Wages and Income (Personal Income using Home & Business)
Click on I'll choose what I work on
Under Interest and Dividends
On Interest on 1099-INT, click on the start or update button

T-Bills

Wait for the actual 1099INT to come.  It will probably be in box 3 and not box 1.  

T-Bills

Thank you for that

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