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Why did turbo tax double my interest under income?
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Why did turbo tax double my interest under income?
A) First, go back to the 1099-INT area and see if you see the duplicated $$ on a 1099-INT form and delete the duplicate.
Not there?
B) Do the following to see if you can find it.
1) go to the left-side navigation menu, click on:
<"Tax Tools"
<<<Tools
Then select <<<"Delete a Form" from the pop-up endow.
2) scroll down the list of forms look for a "Schedule B - Form 1099-INT ( Untitled) " and hit the "Delete" along side of it.
3) then scroll to the bottom to find the "Continue with my Return" button.
______________________
4) IF that doesn't work, repeat, but :
.........delete the entire Schedule B (that was the only way someone else could get it "gone"),
................ but then you will need to re-enter all your 1099-INT, 1099-DIV ( and 1099-OID forms....if any).
____________________
Please Let me know if that works.
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Why did turbo tax double my interest under income?
A) First, go back to the 1099-INT area and see if you see the duplicated $$ on a 1099-INT form and delete the duplicate.
Not there?
B) Do the following to see if you can find it.
1) go to the left-side navigation menu, click on:
<"Tax Tools"
<<<Tools
Then select <<<"Delete a Form" from the pop-up endow.
2) scroll down the list of forms look for a "Schedule B - Form 1099-INT ( Untitled) " and hit the "Delete" along side of it.
3) then scroll to the bottom to find the "Continue with my Return" button.
______________________
4) IF that doesn't work, repeat, but :
.........delete the entire Schedule B (that was the only way someone else could get it "gone"),
................ but then you will need to re-enter all your 1099-INT, 1099-DIV ( and 1099-OID forms....if any).
____________________
Please Let me know if that works.
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Why did turbo tax double my interest under income?
I am having the same issue. However, I did not enter the form twice. I only see on entry for my 780.42 interest income and turbo tax is reporting it as 1560.84. Why is this happening?
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Why did turbo tax double my interest under income?
To get your 1099-INT to only report the interest once. Remove the 1099-INT. Remove it by going to your entries and click the trashcan. Then log out and back in, then re-enter your 1099-INT.
Also, see this response
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