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How to enter 1099-INT for a foreign bank without a FEIN?

I could not able to pass the FEIN error on the final transmit page

 

I tried 00-0000000 or 9's or 1's 

 

I ma using turbo tax desktop version, do I need to delete the 1099-INT and report under 1099-MISC ?

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5 Replies
DawnC
Expert Alumni

How to enter 1099-INT for a foreign bank without a FEIN?

Try this:  

 

  1. Delete the 1099-INT entry entirely using the "trash can" icon or go to your forms mode.  
  2. Go to Wages & Income -> Less Common Income.
  3. Select Miscellaneous Income, 1099-A, 1099-C.
  4. Choose Other reportable income (at the bottom).
  5. Enter a description like: "Foreign Bank Interest - [Bank Name]" and the USD amount.

This still puts the income on your return correctly, but bypasses the Form 1099-INT data entry screen that's causing the FEIN validation error.

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How to enter 1099-INT for a foreign bank without a FEIN?

Thanks

How to enter 1099-INT for a foreign bank without a FEIN?

I could not able to locate the desired 1099-A or C in my Turbo Tax desktop version, here is the screen shot what I have.

 

 

Turbo.jpg

How to enter 1099-INT for a foreign bank without a FEIN?

How to enter 1099-INT for a foreign bank without a FEIN?

@PrashantK 

To enter a Form 1099-C

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Scroll down to Less Common Income
On Miscellaneous Income, 1099-A, 1099-C, click the start or update button


On the next screen, on Cancellation of debt (Form 1099-C) or the abandonment and/or acquisition of secured property (Form 1099-A), click the start or update button

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