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R
rebecca-fiss
February 16, 2023
Solved

My bank sent me a combined 1099-INT for my checking/savings accounts. How do I enter this info?

  • February 16, 2023
  • 1 reply
  • 0 views
When I used the import tool, TT imported a bunch of separate 1099-INT, but most of them list the interest income as $0, even though all the accounts earned interest. I'm not sure how to go about fixing this.
Best answer by VolvoGirl

just manually enter the total interest.  Delete the imported info.
Enter a 1099-Int  under

Federal Taxes tab

Wages & Income

Interest and Dividends

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

 

Don't enter the bank or broker name and don't try to import it.  It is just as fast and easy to manually enter it.  At the bottom pick -  Change How I enter my Form

Then on the next screen pick I'll Type it in Myself

1 reply

VolvoGirl
VolvoGirlAnswer
Employee
February 16, 2023

just manually enter the total interest.  Delete the imported info.
Enter a 1099-Int  under

Federal Taxes tab

Wages & Income

Interest and Dividends

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

 

Don't enter the bank or broker name and don't try to import it.  It is just as fast and easy to manually enter it.  At the bottom pick -  Change How I enter my Form

Then on the next screen pick I'll Type it in Myself

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