I need to fill out a Form 1096 and a Form 1099-INT for a bank savings account I jointly owned in 2023. Can I do that through TurboTax Deluxe?

[Kjens]

I got a 1099-INT for interest received from a Bank Savings acct. I owned jointly.  I need to show the IRS that the co-owner got 1/2 of the interest and file the appropriate forms through, I hope, Turbotax Deluxe which I am using.  Is it possible?

[VolvoGirl · Accepted solution]

No.  You can only prepare 1099Int & 1099Div in Quick Employer Forms. You have to use the Online Premium version or the Desktop Home & Business program or Turbo Tax Business program to have access to the QEF.

To prepare W2s and 1099s in the Online Premium version you have to first start your personal return. Then when you log in you select Take me to my Return. Then the next screen should be the Welcome Back screen. At the bottom under Manage your Return it says Create W2s and 1099s. This will take you to the QEF Quick Employer Forms.

If you are already in your return you can log out and back in again to get to the beginning screen.

Or in your return, Anywhere on any screen you see
Help me prepare and file W-2s and 1099s
Click on it and the side box will open, Then click on Quick Employer Forms in the side box.