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March 27, 2025
Question

Can Turbotax account for nominee distribution to offset 1099-INT come that belongs to another person. Last year it did, but it no longer asks about this.

  • March 27, 2025
  • 2 replies
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    2 replies

    AmyC
    Employee
    March 27, 2025

    You have to select that you need to make an adjustment. Edit your form.

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    March 27, 2025

    When I go to edit the 1099-INT there is no question that ask sif any unusual situations apply.

    AmyC
    Employee
    March 27, 2025

    You have to actually edit the 1099-INT. Go back through where the numbers are entered, continue, review, continue, then select.  Here is the online version.

     

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    March 28, 2025

    Thank you. The problem was the software would not ask about the special situations when I selected myself as owning the account. When I changed it to "both of us" then it allowed me to provide the additional information.