My consolidated 1099 shows non-qualified interest that is not reported to the IRS. Should I be entering this amount on my tax return and, if so, where?
0312881
3 Replies
DDollar
Expert Alumni
Jun 1, 2019 11:55:03 AM
Enter the amount of interest as a Form 1099-INT.
Non-qualified interest is interest which is generally associated with
an investment vehicle which is for some reason not qualified for a
current tax deferral.
diane1
New Member
Jun 1, 2019 11:55:04 AM
Thanks. Does it need to be entered on the tax return and, if so, where?