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