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Get your taxes done using TurboTax
I don't understand what you mean....when its uploaded the bank info is added.. How do they know whether BOA is Bank of America or Bank of Arkansas or Bank of Alaska unless I add the payers info that is on the 1099...and what is two or more accounts result in exactly the same interest payment ?
Seems a little impossible to me. I know the IRS gets the info from the institution and can match the amounts but what if there is around up/down error etc . Why do we no longer add the payers info ion the 1099
‎January 30, 2021
10:33 AM