You can manually add up the interest on each Form 1099-INT and enter one Form 1099-INT for Ally. Or, you can enter each separately to be comfortable that you capture all the information correctly.
See the steps below on how to manually enter more than one Form 1099INT:
Form 1099-INT reports interest from banks, brokerages, and other financial institutions. Here's how to enter a 1099-INT:
- Sign in to your TurboTax account and open or continue your return
- Select Federal from the menu, then Wages & Income (this is called Income & Expenses in TurboTax Self-Employed)
- Locate the section titled Investments & Savings and select Show More, then select Start or Revisit next to Interest on 1099-INT
- Select Yes on the screen Did you receive any investment income? then Continue
- If you see the screen Your investments & savings or Here's your 1099-INT info, select Add investments or Add another 1099-INT, then Continue
After each 1099-INT, you will arrive at a summary screen. There should be a link on that screen to add another one. Then you go through the process again for each one.
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