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Can Turbotax account for nominee distribution to offset 1099-INT come that belongs to another person. Last year it did, but it no longer asks about this.

 
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4 Replies
AmyC
Expert Alumni

Can Turbotax account for nominee distribution to offset 1099-INT come that belongs to another person. Last year it did, but it no longer asks about this.

You have to select that you need to make an adjustment. Edit your form.

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Can Turbotax account for nominee distribution to offset 1099-INT come that belongs to another person. Last year it did, but it no longer asks about this.

When I go to edit the 1099-INT there is no question that ask sif any unusual situations apply.

AmyC
Expert Alumni

Can Turbotax account for nominee distribution to offset 1099-INT come that belongs to another person. Last year it did, but it no longer asks about this.

You have to actually edit the 1099-INT. Go back through where the numbers are entered, continue, review, continue, then select.  Here is the online version.

 

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Can Turbotax account for nominee distribution to offset 1099-INT come that belongs to another person. Last year it did, but it no longer asks about this.

Thank you. The problem was the software would not ask about the special situations when I selected myself as owning the account. When I changed it to "both of us" then it allowed me to provide the additional information.

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