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Bob1947
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We received interest in 2024from the IRS on overpayment of tax in 2022. Where do we report this interest and how is it done?

 
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We received interest in 2024from the IRS on overpayment of tax in 2022. Where do we report this interest and how is it done?

Enter interest from the IRS like a 1099Int and put the amount in box 1.  Enter it manually and just enter IRS for the payer.  Don't enter any other info like the address or a EIN.

 

Enter a 1099-Int  under

Federal on left

Wages & Income

Interest and Dividends

Interest on 1099INT - Click the Start or Revisit button

 

Don't enter a bank or broker name and don't try to import it.  At the bottom pick -  Change How I enter my Form

Then on the next screen pick I'll Type it in Myself

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