Why doesn't my 1099-INT imported from BECU (Boeing Employee's Credit Union) include the interest from all three of my accounts at BECU?

Forum|Forum|5 years ago
March 16, 2021
9 replies
57 views

I have received a single 1099-INT from BECU. The total interest received from all three of my BECU accounts is shown on page one and the interest from each of the BECU accounts is shown on page 2. TurboTax is only importing the interest from the first BECU account. Why isn't Turbotax importing the interest from all three BECU accounts? Turbotax imported all three accounts last year just fine (Turbotax created a separate entry for each of the three accounts last year).

TurboTax Premier Online

RayW7

Level 12

I am not sure why TurboTax did not import all three but you can enter the other two manually. It is a simple process.

To enter a 1099-int manually-

Form 1099-INT reports interest from banks, brokerages, and other financial institutions. Here's how to enter a 1099-INT:

Open (continue) your return if it's not already open.
Inside TurboTax, search for 1099-INT and select the Jump to link in the search results.
Answer Yes to Did you receive any interest income?
- If you see Here's the interest we have so far, select Add interest income.
On the following screen, select how you want to enter your 1099-INT (import or type it in yourself) and follow the on-screen instructions.

D000DAuthor

Level 3

Thank for the reply. I know how to add more 1099-INT or edit the single 1099-INT.

The bigger question is why doesn't this work correctly this year when it worked just fine last year? It would be nice to hear from Intuit if this problem is recognized and being worked, and if it will be fixed in the near future.

Cynthiad66

Level 14

It is recognized and TurboTax is working on a fix, however there is not expected date. Thank you for your statement we will refer it to technical support.

Form 1099-INT reports interest from banks, brokerages, and other financial institutions. Here's how to enter a 1099-INT:

Open (continue) your return if it's not already open.
Inside TurboTax, search for 1099-INT and select the Jump to link in the search results.
Answer Yes to Did you receive any interest income?
- If you see Here's the interest we have so far, select Add interest income.
On the following screen, select how you want to enter your 1099-INT (import or type it in yourself) and follow the on-screen instructions.