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Interest from seller financed loans also shows up on 1099-INT

I entered the interest I made from a seller financed loan under the Interest and Dividends section, item #4 that says "interest from seller financed loans" but it also flows through to the 1099-INT field.  I only made $6612 on my return it is showing double that amount as taxable income.  Is that correct?  There's no entry under the 1099-INT field for me to delete to only get the income to count once.

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2 Replies

Interest from seller financed loans also shows up on 1099-INT

Can you delete what you entered and see what happens?

Interest from seller financed loans also shows up on 1099-INT

I figured it out.  I entered an installment sale and also entered the information under the seller financed loan section so that is why it was double counting.  I was only supposed to under it under the installment sale section.

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