Form 1099-INT; Interest Income

Add the "Interest Listing Page" when the total Taxable Interest and Ordinary Dividends are $1,499 or less.
Add "Schedule B" when the total Taxable Interest and Ordinary Dividends are $1,500 or more.

Add Interest Listing Page

Select "Income" from your list to expand your Income Forms.
Click "Add Income Form".
Locate and Select the applicable page (Interest Listing Page or Schedule B).

Form 1099-INT Interest Income

When Schedule B is added, select the link within the Interest Section to open the Interest Listing Page.

Select "Add New".

Entering Interest Income

Name of Interest Payer:

Enter the Payer Name from Form 1099-INT, Form 1099-OID, applicable Statement from Bank/Broker, or when reporting Interest Income without a Form enter the name of Payer Interest is from.

Click here to show advanced entries:

Includes Early Withdraw Penalty, Foreign Taxes Paid, Tax-Exempt Interest listings. (see below for more information).

Amount of Interest Received:

Enter the total amount of Interest Income

Federal Income Tax Withheld

Enter the amount of Federal Withholding .

Advanced Entries Section

Advanced Entries include:

Early Withdrawal Penalty
Foreign Taxes Paid
Amount of Nominee Interest
Amount of Accrued Interest
Amount of OID Adjustment
Amount of Amortizable Bond Premium (ABP) Adjustment
and Tax Exempt Interest.

Interest is Tax Exempt:

Check this box when the total amount of Interest Income is non-taxable.

This is a brief overview of where to report the information from Form 1099-INT. This information is not tax advice. See IRS Form 1099-INT Instructions, and IRS Schedule B Instructions for more information.