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.
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).
When Schedule B is added, select the link within the Interest Section to open the Interest Listing Page.
Select "Add New".
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.
Includes Early Withdraw Penalty, Foreign Taxes Paid, Tax-Exempt Interest listings. (see below for more information).
Enter the total amount of Interest Income
Enter the amount of Federal Withholding .
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.
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.