Where to enter foreign interest in Turbo Tax
Hi,
I have ~300gbp of interest from an ISA account to declare. I'm using Turbo Tax but can't find the place to enter this. In the Interest and Dividends sections I see a sections for "1099-OID, foreign accounts". But it never asks me to input info on my UK interest. Any thoughts? Thanks KK |
Re: Where to enter foreign interest in Turbo Tax
Perhaps it is simply categorized as foreign earned income?
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Re: Where to enter foreign interest in Turbo Tax
From what I understand foreign earned income is for stuff like wages.
In the end I just entered the interest manually as a 1099. KK |
Re: Where to enter foreign interest in Turbo Tax
Originally Posted by ImmortalNinja
(Post 9299869)
From what I understand foreign earned income is for stuff like wages.
In the end I just entered the interest manually as a 1099. KK tax. Creating a 1099-INT with your UK bank information and the interest converted to dollars is probably the way to get Turbotax to fill in the right information. |
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