1099-int

Paul Kleeberg
Paul Kleeberg Member ✭✭✭
edited May 2022 in Reports (Mac)
How do I assign my interest income to 1099-int. The tax report does not show that tax form category and it does not appear when I look for it when editing categories. The only choice I see is under Schedule B interest income. There are several 1099 categories but not this one.
Quicken user since 1997 when Dollars and $ense died.
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Best Answer

  • jacobs
    jacobs Quicken Mac Subscription SuperUser, Mac Beta Beta
    Answer ✓
    The default Quicken category for interest income is Investments:Interest Income. you can use that, or create your own category, but it will still need to be mapped to Schedule B Interest Income. A Form 1099 is just a reporting form, but Schedule B is the correct place for interest to go for tax purposes. 
    Quicken Mac Subscription • Quicken user since 1993

Answers

  • jacobs
    jacobs Quicken Mac Subscription SuperUser, Mac Beta Beta
    Answer ✓
    The default Quicken category for interest income is Investments:Interest Income. you can use that, or create your own category, but it will still need to be mapped to Schedule B Interest Income. A Form 1099 is just a reporting form, but Schedule B is the correct place for interest to go for tax purposes. 
    Quicken Mac Subscription • Quicken user since 1993
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