Solved: How can I fix the incorrect 1099-int amount that Turbotax is showing? I add $72 and the form shows $617. I have deleted and re-entered the form. I believe this is a bug.

1 Best answer

Level 15

Mar 28, 2020 11:25:28 AM

If you delete the 1099 INT what does it show? Did you get any 1099Div?

Are you using the Online version? Look through the input areas like for interest and dividends for the difference. Look at all your actual 1099 tax forms for the difference.

Federal Taxes tab

Wages & Income

Interest and Dividends

Level 15

Mar 28, 2020 11:13:22 AM

Where is it showing 617? On your 1040 line 2b? Interest can also come from other places like if you imported any 1099 or entered a K-1.

Level 1

Mar 28, 2020 11:20:20 AM

Yes, that is where it appears. I'm not sure where else it would have come from. I have no K-1 data and I don't see errors in my other entries.

Level 15

Mar 28, 2020 11:25:28 AM

If you delete the 1099 INT what does it show? Did you get any 1099Div?

Are you using the Online version? Look through the input areas like for interest and dividends for the difference. Look at all your actual 1099 tax forms for the difference.

Federal Taxes tab

Wages & Income

Interest and Dividends

Level 1

Mar 28, 2020 11:32:22 AM

Thanks for helping!

I did just find it in some installment sales interest entry. I thought I'd looked through everything.

Never mind! Thanks again.

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How can I fix the incorrect 1099-int amount that Turbotax is showing? I add $72 and the form shows $617. I have deleted and re-entered the form. I believe this is a bug.