My interest entry doesn't add up to the sum per TurboTax

Forum|Forum|7 years ago
June 1, 2019
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mesquitebean

Level 15

You'll need to explain that more.
Interest from 1099-INT's, K-1, or what? And what are you experiencing by "doesn't add up?"

Sammy1Author

Level 2

Interest from 1099-INT. I have ~$200, but sum shows up as ~$400. Even when I delete the 1099 form (there is only one), I have ~$200 in interest income show up on the summary page.

joybliss

Level 2

Yes my interest income is $4676.29 and turbo tax is saying it is $4700.00????

joybliss

Level 2

actually says $4703.00?? why would it not total correctly?

mesquitebean

Level 15

Try this:

With your return open, click in the left menu column on TAX TOOLS, then TOOLS.
In the Tools window, choose "Delete a form."
That will show you the forms in your return.

In that list do you see a 1099-INT you don't recognize? It may say something like Schedule B - Form 1099-INT (untitled)

mesquitebean

Level 15

If you deleted the Schedule B, then be sure you re-enter everything that might have been on it: 1099-INT, 1099-OID, 1099-DIV, K-1 interest. Whatever your situation is.

Sammy1Author

Level 2

No, there wasn't. I ended up deleting the entire schedule B and re-importing everything and that worked. Seems like a software glitch. Very concerning that TB has this problem.