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What exaclty is a 1099 int form?

what exactly is a 1099 div form?
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2 Replies

What exaclty is a 1099 int form?

Form 1099-INT reports the interest tht you have made for the year. Form 1099-DIV reports dividends you've made. They report income from investments.

SharonD007
Expert Alumni

What exaclty is a 1099 int form?

A 1099-INT form is completed by your financial institution when you receive more than $10 in interest from an entity that paid you interest. A 1099-DIV form is completed if you are paid dividends on stocks that you own or if a mutual fund that you invest in made a capital gains distribution to you during the year.

 

For additional information, please review the TurboTax articles Filing Tax Form 1099-INT: Interest Income and What Is IRS Form 1099-DIV: Dividends and Distributions? 

 

Follow these steps to enter your 1099-INT and 1099-DIV:

  1. Launch TurboTax
  2. Select Wages and Income
  3. Select Review/Edit
  4. Scroll down to Investments and Savings and select Edit/Add
  5. Select Add Investments and scroll through the questions
  6. Select 1099-INT
  7. Enter your 1099-INT information, select Continue
  8. Do the same steps to enter your 1099-DIV next.
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