I earned about $5. interest in a credit union account. Hence, no 1099 INT. So, where do I enter that figure in TT. In the INT section it asks for all the Box 1 (1099-INT) interest. Do I just put it there?
Mel
I earned about $5. interest in a credit union account. Hence, no 1099 INT. So, where do I enter that figure in TT. In the INT section it asks for all the Box 1 (1099-INT) interest. Do I just put it there?
Mel
Yes.
I use TaxAct but I imagine it works the same as Turbo Tax. Enter the name and address of the CU, the EIN if you know it, and the interest dollar amount, just as you would if you had received a 1099-INT. It will then flow to Schedule B and to your return.
BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.