500815
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I need to remove any entry of interest from multiple years of interest income and would like to know if it can be done on the latest year and add prior years ?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

I need to remove any entry of interest from multiple years of interest income and would like to know if it can be done on the latest year and add prior years ?

If you have been including interest income in prior years erroneously on your tax return, then you would need to amend your prior year returns to remove the interest income.  You cannot use the current tax year to "catch up" on removing the items.  

Here is an article that can help guide you through the amendment process -

https://ttlc.intuit.com/replies/3288565

View solution in original post

1 Reply

I need to remove any entry of interest from multiple years of interest income and would like to know if it can be done on the latest year and add prior years ?

If you have been including interest income in prior years erroneously on your tax return, then you would need to amend your prior year returns to remove the interest income.  You cannot use the current tax year to "catch up" on removing the items.  

Here is an article that can help guide you through the amendment process -

https://ttlc.intuit.com/replies/3288565

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question