Question

Turbo tax is asking me to enter 1099-INT information, but I don't have anything to enter. How do I get past this section?

Forum|Forum|5 years ago
April 24, 2021
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TurboTax Deluxe Online

Employee

Go to the 1099-INT section, and see if you have an empty 1099-INT that transferred in from last year's tax file. IF so, you can delete it from the 1099-INT table.

ALSO, if you have a bank account that issued 50cents or more of interest, you should be entering that amount in box 1 of a 1099-INT, even if the bank did not issue a 1099-INT.

Amounts of 49 cents or lower should not be entered at all...that will cause a review/error problem.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*