Treasury Bill 1099-INT

[grubin1454]

I have an 1099-INT from the US Treasury for interest on T-bills.  The file they provide online to view shows everything in a list form, not with boxes.  There is a total for Ref. Box 3, but nothing says anything about box 1.  If the interest on T-bills, box 3 was let's say $1,000, then wouldn't that mean I need to also state $1,000 for interest income box 1?  I understand that box 3 is state tax exempt but that overall, the $1,000 is federal taxable.  But I didn't see how that changed my federal tax owed.  Am I missing anything?

[AnnetteB6]

Box 3 on Form 1099-INT is used to report interest on US Savings Bonds and treasury obligations.  Any amount reported in box 3 will be added to amounts reported in box 1.  Then the total will show up on your Schedule B.  You should not include the box 3 amount in box 1 as well.

Without knowing the details of your other income and deductions, there is not enough information to comment about whether your bottom line income tax should have changed when you entered the interest income.  

[grubin1454]

Thank you, I appreciate the help.  I'm sorry if I'm a little dense, there's just nothing on this treasury document online that says box 1, nor does it come in the format of a typical 1099 or 1099-INT.  So, I think I am assuming correctly, just report what they say for box 3 in box 3 and do not write anything in box 1 for turbotax.