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March 4, 2024
Question

Income summary turbotax 2023

  • March 4, 2024
  • 1 reply
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In using the desktop version of turbotax premier 2023 the dividends total is incorrect by almost $50,000.  when i click on the total the correct amount is listed and when I go under forms it appears correct on Sched B.

I used the program from the CD.  Then I uninstalled and installed a new copy from online with the same results.

I am concerned with this software glitch as I now wonder what else is being done incorrectly.

Anyone else seeing this issue?

 

    1 reply

    March 4, 2024

    Yes, the income summary will show the total of your exempt interest dividends in addition to your taxable dividends. 

     

    When you click on the total, only the taxable amount is shown. Do you have exempt-interest dividends in box 12 of Form 1099-INT?

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    mlcaspi3Author
    March 7, 2024

    thanks for the help.

     

    question was answered