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Nonqualified interest

4N6CPA
Level 1

I have a consolidated 1099 which shows an amount for 1099-Int reportable interest.  It also shows as an information item an amount for nonqualified interest. This interest is from an investment in a note from Barclays Bank, PLC.  The nonqualified interest is not, repeat is not included in the amount reported on the 1099-INT portion of the consolidated 1099.  Where is this nonqualified interest income to be reported in ProSeries?

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4N6CPA
Level 1

So obvious, I was completely blind to that option.  Duh on me! Thanks

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2 Replies 2
sjrcpa
Level 15

Same place as 1099-INT interest.


ex-AllStar
4N6CPA
Level 1

So obvious, I was completely blind to that option.  Duh on me! Thanks

View solution in original post