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Turbo Tax Premier 2020 Incorrect Transfer of Turbo Tax Premier 2019 1099-INT Data
While working with Turbo Tax Premier 2020, after initially importing our Turbo Tax Premier 2019 file, I noted TT 2020 showing a much larger amount of 1099-INT income for 2019 compared to what I had inputted for 2020.
After checking all our paperwork I then pulled up a PDF copy of our 2019 TT tax return and it showed us with $5,500 less of 1099-INT income than the column within Turbo Tax Premier 2020 shows. I also reinstalled Turbo Tax Premier 2019 and it is showing 1099-INT income $5,500 less than what Turbo Tax Premier 2020 reports for 2019.
Is there some known error in Turbo Tax Premier 2020 importing 2019 data? Is there a fix for same?
‎February 9, 2021
7:30 PM