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March 17, 2025
Question

Where to claim certificate of deposit interest

  • March 17, 2025
  • 1 reply
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    1 reply

    JohnB5677
    March 17, 2025

    You should have received a 1099-INT for the Certificate of Deposit. You can post it under Wages & Income.

     

    You should log into TurboTax.

    1. Under Federal
    2. Select Wages & Income
    3. Scroll through the drop down list to Investments and Savings1099-B, 1099-INT, 1099-DIV, Crypto Gain/Loss Report
    4. Select the type of investment
      1. Interest on 1099-INT
      2. Dividends on 1099-DIV
      3. Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)
      4. Capital Loss Carryover
      5. If this is your first time using this area there will be multiple questions
    5. Continue the interview

             

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