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New Member
posted Feb 2, 2025 9:43:21 AM

Where are taxes withheld from t bill interest recorded in turbo tax?

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2 Replies
Expert Alumni
Feb 2, 2025 9:51:35 AM

T-bill interest is reported on form 1099-INT.

 

Federal tax withheld is reported in box 4 of form 1099-INT.

 

In TurboTax Online, when you enter your form 1099-INT, on the entry page, put a check mark next to My form has info in other boxes (this is uncommon).

 

Other boxes will appear and you'll enter Federal tax withheld in Box 4.

Level 15
Feb 2, 2025 9:52:07 AM

on the 1099-int box 4 just like on the 1099-INT you received.