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Returning Member
posted Apr 10, 2024 8:42:46 AM

1099 INT to entire foreign bank interest

I added a 1099 INT and entered the foreign bank interest but the bank does not have an FEIN and TurboTax brings it up when reviewing the tax forms. It does not allow a dummy number like 99-9999999 or 11-1111111. Any suggestions on how to workaround this issue or a different way to file this income?

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3 Replies
Level 15
Apr 10, 2024 9:32:14 AM

For a 1099-INT the only required info should be the name of the payer and the interest amount. delete the payer and recipient info to see if that works. 

 

Returning Member
Apr 10, 2024 9:44:17 PM

I deleted the payer and recipient info but TurboTax says that I cannot leave the FEIN field empty. See screenshot.

 

 

Expert Alumni
Apr 11, 2024 8:24:54 AM

Use 99-0999999 an obviously fake number to an agent but not the program.