Form 1099-INT data entry
To enter information from Form 1099-INT, Interest Income, you can either:
- Use Source Data Entry.
- Use the following table to find where to enter the information.
note
- To access the columns for foreign amounts, select
Show foreign columnsfrom the toolbar.
Form field | Folder > Screen | Field | Statement column |
|---|---|---|---|
Payer's Name | Income > B&D | Interest Income | Description |
Recipient's TIN | Income > B&D | Interest Income | T S J |
Box 1 - Interest Income | Income > B&D | Interest Income | Interest Income |
Box 2 - Early withdrawal penalty | Income > B&D | Interest Income | Early W/D penalty |
Box 3 - Interest on U.S. Savings Bonds and Treasury obligations | Income > B&D | Interest Income | US Ob ($ or %); additionally, add the taxable obligation to the Interest Income column |
Box 4 - Federal income tax withheld | Income > B&D | Interest Income | Fed W/H |
Box 5 - Investment expenses | Income > B&D | Interest Income | Inv Exp |
Box 6 - Foreign tax paid | Income > B&D | Interest Income | Foreign Tax Paid; when Foreign Columns are showing. |
Box 7 - Foreign country or U.S. possession | Income > B&D | Name of foreign country or possession | N/A |
Box 8 - Tax-exempt interest | Income > B&D | Interest Income | Tax Exempt |
Box 9 - Specified private activity bond interest | Income > B&D | Interest Income | AMT Int Income (PAB) |
Box 10 - Market discount | Income > B&D | Interest Income | Interest Income |
Box 11 - Bond premium | Income > B&D | Interest Income | Interest Income, Type code = 6 (see note) |
Box 12 - Bond premium on Treasury obligations | Income > B&D | Interest Income | Interest Income, Type code = 6 (see note) |
Box 13 - Bond premium on tax-exempt bond | Income > B&D | Interest Income | Enter net of Box 8 minus Box 13 in Tax Exempt Amount |
Box 15 - State | Income > B&D | Interest Income | State |
Box 16 - State identification no. | Income > B&D | Interest Income | State ID No. |
Box 17 - State tax withheld | Income > B&D | Interest Income | State W/H |
Boxes 15, 16, and 17, second state | N/A | N/A | N/A |
Payer's Name | Itemized Deductions > A | Interest Expenses | Description |
Recipient's TIN | Itemized Deductions > A | Interest Expenses | T S J |
note
When entering Bond Premium adjustments, add a 2nd line in the
Interest income
statement to enter these amounts with Type Code 6.Related Content
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Enter series EE or I bond interest on Schedule B
Format:
Article,
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Enter private activity bond interest income
Format:
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-
Enter nominee, accrued, OID, or ABP adjustments for interest
Format:
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Enter Form 1099-INT nominee distributions
Format:
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