Cannot Add Additional 1099-INT With Same Payer Name

[hhh198]

Hello,

Is anyone facing an issue when adding more than one 1099-INT with the same Payer name where Turbotax will repeatedly replace your first entry? Is this a bug, or is there no way to add multiple 1099-INT forms from the same payer? For example, if you have multiple accounts with the same bank, you'll get a 1099-INT form for each. I don't recall facing such difficulties previously. Is this a bug or is there some new rule that I'm not aware of?

[baldietax]

not sure about the bug but if you have multiple 1099-INTs for the same payer you can just input one 1099-INT for the total amount, or put an account ref after the name if you want, I do that frequently where I need to break up a brokerage 1099 for various reasons.  IRS even allows multiple payers per entry on Schedule B so they're not checking each payer name, just totals.

[CesarJ]

In TurboTax, you can add multiple 1099-INT forms from the same payer without issues. Usually, the program allows entering each form separately even if the payer name is the same, such as when you have multiple accounts at one bank.

If TurboTax is replacing your first entry when adding another 1099-INT with the same payer, it likely is a technical glitch rather than a new tax rule. Typically, you should be able to add multiple forms by selecting Add another 1099-INT after entering the first one.

Try ensuring you use the Add a 1099-INT or Add Interest Income option each time to input a new form. If problems persist, clearing your browser cache or using a different browser could help. There's no tax rule preventing multiple 1099-INT entries from the same payer for different accounts.

@hhh198