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March 19, 2023
Question

1099-INT from Department of the Treasury Internal Revenue Service

  • March 19, 2023
  • 2 replies
  • 0 views

Do i have to input 1099-INT letter from Department of the Treasury Internal Revenue Service in turbotax?

If yes where?

I only have 1 box "interest paid" on this 1099 letter. What do i put in box 3 in turbotax? zero?

    2 replies

    VolvoGirl
    March 19, 2023

    Is it interest the IRS paid you on a refund?

     

    Enter interest from the IRS like a 1099Int and put the amount in box 1.  Enter it manually and just enter IRS for the payer.  Don't enter any other info like the address or a EIN.  Don't enter anything in box 3.  It is not Treasury interest on US bonds or investments.

     

    Enter a 1099-Int  under

    Federal on left

    Wages & Income at top

    Interest and Dividends

    Interest on 1099INT - Click the Start or Revisit button

     

    Don't enter a bank or broker name and don't try to import it.  At the bottom pick -  Change How I enter my Form

    Then on the next screen pick I'll Type it in Myself

    DoninGA
    March 19, 2023

    Enter the Received from or Payer's name as the IRS.  The interest in box 1 and nothing in box 3.

    March 19, 2023

    I am in CHECK THIS ENTRY. it wants "PAYERS STREET ADDRESS" now! "payer street must be entered" what do i type???