user3224
Returning Member

Turbo tax error on form 1099 "Payer's fedral Id is invalid for electronic filing", how to report interest from foreign bank

Until last year trubo tax supported empty Fedral ID in form 1099-INT. But this year it fails in "Review" step and flags an error "Payer's fedral Id is invalid for electronic filing". Does that mean turbo tax no longer support reporting interest/foreign taxes paid from foreign bank having no USA Fedral ID.

Does it sound like a software bug which makes fedral ID a required field in form 1099-INT?

 

Turbo tax reports this error in Review -- Check my info -- "our completecheck™ to-do list".

 

I want to file taxes electronically can I still use turbotax?