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Get your taxes done using TurboTax
@ rskoss wrote:
TurboTax 2018 doesn't seem to allow the reporting of previously paid interest. When I try to enter the amount, TT tells me that the interest can not be previously reported because it's regular interest. This makes no sense.
It's been a while since your post, but I'll leave this for anyone else who stumbles onto this old thread.
Savings Bond interest is entered in Box 3 of the 1099-INT. It sounds like you entered it in Box 1. When correctly entered in Box 3, then the amount can be adjusted, if necessary, on a subsequent screen.
‎July 10, 2022
11:38 PM
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