The effect of interface traps on InGaAs-based vertical gate-all-around (GAA) tunneling field-effect transistors (TFETs) has been investigated using technology computer-aided design (TCAD) simulation. The interface traps distributed within different energy levels (E-t) in the energy bandgap of a semiconductor material exhibit various influences on the device performances. In this work, InGaAs-based TFETs are simulated to analyze the effects on the on-state current (I-on), off-state current (I-off), threshold voltage (V-th), subthreshold swing (SS), and the ambipolar characteristics according to E-t and type of the interface traps. We have confirmed that I-off and SS are degraded by the interface traps. Further, it can be shown that I-on is mainly affected by the acceptor-like traps and ambipolar behavior is affected by the donor-like traps. All the effects increase as E-t becomes closer to the midgap. The effects of the interface traps with gate underlap and overlap at the source-channel region also have been investigated, considering the device fabrication. Additionally, the analysis of the effect of junction trap created at the source-channel junction has been performed.