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Turbo tax is showing my interest income as $7970 when I entered only $3085. It's correct on the entry window. What has gone wrong?

 
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Turbo tax is showing my interest income as $7970 when I entered only $3085. It's correct on the entry window. What has gone wrong?

If no form K-1 is feeding into it, you may have double-entered it....

Here's some procedures to find an extra, or perhaps hidden 1099-INT form...or clear it out and re-enter yoru 1099-INT forms

https://ttlc.intuit.com/replies/7230766

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

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2 Replies

Turbo tax is showing my interest income as $7970 when I entered only $3085. It's correct on the entry window. What has gone wrong?

If no form K-1 is feeding into it, you may have double-entered it....

Here's some procedures to find an extra, or perhaps hidden 1099-INT form...or clear it out and re-enter yoru 1099-INT forms

https://ttlc.intuit.com/replies/7230766

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

Turbo tax is showing my interest income as $7970 when I entered only $3085. It's correct on the entry window. What has gone wrong?

 I appreciate the link you sent for finding and correcting a form, which I plan to search right now. My question is regarding form 6252 Installment Sales Income, not form K-1 Partner's Share of Income, Deductions, Credits, etc. I know the forms 6252 I have filed concerning this Installment Sale for the past five years has fed into my  2019 taxes because all the rest of the info on the 2019 form is correct. I hope I can remove the incorrect info that Turbo asked me to enter before I caught the error. Thanks! 

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