Question

Does anybody else have a problem between entering interest and then on "Your Income", the dollar amount is way off?

Forum|Forum|2 years ago
February 15, 2024
1 reply
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TurboTax Deluxe Online

Employee

How much off? Could be rounding? Interest can come from several places. Like from a 1099Div or a K-1. Did you import any 1099 forms? And then maybe entered some manually. Go to the interest section and look at the list.

Federal Taxes or Personal (for Home & Business)

Wages & Income

Interest and Dividends

Interest on 1099INT - Click the Start, Revisit Or Update button

K

kmacaitisAuthor

Thank you for your answer.

No, it wasn't the rounding. My husband and I both have 1099-INT from the same bank. The problem was it would take one as interest and the second one as an "adjustment" and subtracted it from the first one. I deleted one of the two and tried that, then added the second one back in. Nope didn't work. Tried deleting the second one and then add it back in. Nope that didn't work. Deleted both 1099-INTs and added them back in again. THAT solved it. Have no idea what happened.

Again, THANK YOU.