Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
blomley
New Member

How is the number in line 12100 ('interest and other investment income') derived? The numbers above it do not sum to the amount shown.

 
1 Reply

How is the number in line 12100 ('interest and other investment income') derived? The numbers above it do not sum to the amount shown.

Line 12100 is derived from the total of Interest, Other Investment Income, and Income from Foreign Sources. These include the following:

 

These are usually shown on the following slips:

Complete the chart for lines 12000, 12100, 12010, and 22100 on the Worksheet for the return and report on line 12100 of your return the amounts you received, minus any part of those amounts you reported in previous years. Also, report amounts credited to you but that you did not receive (such as amounts that were reinvested). Generally, you report your share of interest from a joint investment based on how much you contributed to it. 

 

Thank you for choosing TurboTax. If you have further questions or need more clarifications, please feel free to contact us.