topic Re: 1099 IT in Get your taxes done using TurboTax

1099 IT

chazsf — Tue, 10 Feb 2026 10:41:49 GMT

1. I do know how to enter date into Turbo Tax.

2. I have correctly entered the data.

3. Turbo Tax does NOT know how to handle with the data.

4. I think the issue is the interest received is LESS than the accrued interest paid out.

5. Whatever the issue really is, please acknowledge the issue and update Turbo Tax.

Thanks, Charlie

1099 INT:

1	Interest Income	17.43
8	Tax Exempt Interest	1,625.00
13	Premium on Tax Exempt	421.85
Accrued Interest Paid on Purchases	1,683.74

JulieS — Mon, 26 Feb 2024 19:47:50 GMT

We'd love to help you complete your tax return, but need more information. Can you please clarify your question?

What is your question?

Accrued Interest Paid on Purchases is not normally something that appears on Form 1099-INT.

VolvoGirl — Mon, 26 Feb 2024 19:53:16 GMT

Accrued interest is not a box on the 1099INT form. So where did you enter it?