In Turbotax desktop, accrued interest on Schedule B is incorrect. It is correct in 1099-int, but does not flow accurately to schedule b?

[ssfalcon]

Why does accrued interest not flow from 1099-int to Schedule B correctly?

[Mike9241 · Accepted solution]

because of a flaw/bug in Turbotax programming that has existed for decades the accrued interest is prorated among the various lines on the 1099-int

you would need to create another 1099-INT where only the interest type affected by the accrued interest is reported along with the accrued interest. you must remove this info from the original1099-int  to avoid doubling up.

[ssfalcon]

Thank you.  This fixed the problem.