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New Member
posted Jun 4, 2019 6:55:31 PM

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 ?

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1 Best answer
Level 7
Jun 4, 2019 6:55:32 PM

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

1 Replies
Level 7
Jun 4, 2019 6:55:32 PM

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