What I found in my Windows Home & Business program........
For 2024 Desktop. I don't like how to enter Interest, Dividends, Sales etc. Too many clicks and screens to click on and go through. There is no table on the screen (except in Forms) and you have to click though several screens to add more. And after I manually entered 3 interest it didn't ask if I wanted it to stop asking to import. Oh and Interest, Dividends and Sales are listed in the same list on the screen alphabetically. If I go to Interest I only want to see Interest!
You can switch to Forms Mode and enter them directly into Schedule B using the Interest Income Smart Worksheet. But then they won't show up in the Step-by-Step list.
Oh, and at least in my H&B program, you can't enter any bank info like EIN. The payer TIN and address isn't a required field for filing, so you don't need to enter that information. There is nowhere to enter that information in the Step-By-Step section of TurboTax. However, if you do prefer to include it you can do so by going to Forms and navigating to the 1099-INT.
So go to the bottom and click on +Add Investments
Then to Import enter the bank or financial institution in the search box
Then double click on the item below
OR to manually enter, don't enter the bank name and click Skip Import at the bottom
THEN....should be a screen with 5 boxes, Interest, Dividends, Stocks, Bonds, Mutual Funds, Cryptocurrency and Other.
TRANSFERRED FROM 2023
If you transferred from last year you get to a list of all your 1099s. To enter the amount click on Review which takes you back to the beginning screen to import your tax info or go to the bottom and Skip Import. Then you get the screen with 5 boxes. Pick the kind of 1099 and Continue. Then that 1099 will show up.
