Where should I enter interest earned from a promissory note to our daughter?

[dngrsfld]

Her residence is collateral for the note and payments are due monthly.

[DoninGA]

To report interest income received -

Click on Federal Taxes (Personal using Home & Business)
Click on Wages and Income (Personal Income using Home & Business)
Click on I'll choose what I work on
Under Interest and Dividends
On Interest on 1099-INT, click on the start or update button

[DianeW777]

Enter the interest income just like it was on a 1099-INT with your daughter as the payer. Follow the steps below.

• Where do I enter Form 1099-INT?
  • Be sure to select 'Type it in myself'.