topic 1099-INT Form is not generating in Get your taxes done using TurboTax

1099-INT Form is not generating

bmazaam — Wed, 19 Feb 2020 16:50:12 GMT

Hello,

I am mailing my documents since e-file is failing. After adding all 3 of my interest income, Turbo Tax software is not generating the 1099-INT forms.

All 3 interest income are individual and is less than $10 but in total it's $15 still the software is not generating the forms. But I see the value on my 1040 and on the state forms as $15 (no in-detail of information from where it came from)

Please advise.

Thanks.

Re: 1099-INT Form is not generating

VolvoGirl — Wed, 19 Feb 2020 16:54:03 GMT

Turbo Tax never "generates" the 1099Int. If the amount is in your actual 1040 what do you need a form for? You only attach 1099 if they show withholding on them in box 4.

And you only need Schedule B if either interest or dividends are over $1,500.

Re: 1099-INT Form is not generating

bmazaam — Wed, 19 Feb 2020 17:26:35 GMT

I am wondering why it's not generating a SCHEDULE B form in Form 1040 for Interest and Ordinary Dividends where you can see it under the "list name of payer".

Please advise.

Thanks

Re: 1099-INT Form is not generating

VolvoGirl — Wed, 19 Feb 2020 17:28:59 GMT

Do you have more than 1,500.00 of interest? You don't need to list the payers if the total is less than 1,500.