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michaelbee06
New Member

Recieved 1099-INT from IRS, showing total interest paid/credited. TurboTax is asking for Payers Name and Payers FIN, I have the FIN, just not the name. What do I do?

 
4 Replies
AlanT222
Expert Alumni

Recieved 1099-INT from IRS, showing total interest paid/credited. TurboTax is asking for Payers Name and Payers FIN, I have the FIN, just not the name. What do I do?

If you received the 1099-Int from the IRS, then the name is the Department of the Treasury.  

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gmiskowiec
Returning Member

Recieved 1099-INT from IRS, showing total interest paid/credited. TurboTax is asking for Payers Name and Payers FIN, I have the FIN, just not the name. What do I do?

I recieved interest from the IRS but only a letter, no 1099 form.  Where & how in turbotax do I record the interest recieved?

gmiskowiec
Returning Member

Recieved 1099-INT from IRS, showing total interest paid/credited. TurboTax is asking for Payers Name and Payers FIN, I have the FIN, just not the name. What do I do?

I recied no 1099 form

LenaH
Expert Alumni

Recieved 1099-INT from IRS, showing total interest paid/credited. TurboTax is asking for Payers Name and Payers FIN, I have the FIN, just not the name. What do I do?

The IRS will only send you a 2020 1099-INT if you were paid more than $10 in interest. However, you are required to report all interest received during the year.

 

You can follow these steps in TurboTax to enter interest received:

  1. Open your tax return in TurboTax.
  2. Search for 1099-INT with the magnifying glass tool on the top of the page.
  3. Select the Jump to 1099-INT in the search results to go directly to the section to report your interest income.

@gmiskowiec

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