Where do I report $40,000. Interest income earned on a loan? There is no T-slip.
01953
1 Best answer
TurboTaxKim
Level 15
Oct 30, 2019 2:26:03 PM
Enter your Interest on a Loan in TurboTax Online by going to: Income > Investments > Interest on Bank Accounts Not Reported on a Slip. On the Interest and Other Investment Income - Summary page, make your entry as shown in the screenshot.
1 Replies
TurboTaxKim
Level 15
Oct 30, 2019 2:26:03 PM
Enter your Interest on a Loan in TurboTax Online by going to: Income > Investments > Interest on Bank Accounts Not Reported on a Slip. On the Interest and Other Investment Income - Summary page, make your entry as shown in the screenshot.