- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
"How do you know the interest was doubled?
Did you look at the Form 1040 Line 2b for taxable interest? Is the amount shown doubled what you entered for the Form 1099-INT or is it the same?"
Yes, on Form 1040, Line 2b shows a total interest c/o one payer that is exactly doubled the amount I manually entered plus an amount from another payer that was correctly imported. My manually entered interest amount that was doubled was added to the imported amount making teh total interest incorrect by factor of 2X the manually entered amount. .
I see that in 2019 numerous people experienced the same 'doubling' of interest problem.
‎January 21, 2024
9:43 AM