I do not have any 1099-int entered, yet it shows the same amount as in interest from Seller-Financed loan. Can't find how to clear it.
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Please follow the steps below to delete Form 1099-INT:
Thanks for your reply, but it didn't work. There in NO 1099-int to delete.
I have another issue: I received a 1099misc after filing. The amount is on my schedule C. What should I do about it.
Thanks,
**bleep**
Are you collecting the seller-financed interest? If you are the interest posting is correct. If you are paying it, it should be posted in the home mortgage interest section.
Regarding the 1099-MISC. If you've already included it in the income for your business you do not have to enter it again. It will not be an IRS issue.
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