It says my 1099 needs a schedule B, but my interest isn't over the 1,500 interest income so I don't feel like that is necessary. What's going on?

[brockwhardcastle]

My 1099 INT keeps bringing up the popup saying "you need to upgrade to TurboTax Deluxe" because "You won’t be able to report interest and dividend income over $1,500." However, my much less than that amount. Why do I get the popup? How do I work around it? I shouldn't need a Schedule B

[MayaD]

Per IRS:

Use Schedule B (Form 1040) if any of the following applies:

• You had over $1,500 of taxable interest or ordinary dividends.
• You received interest from a seller-financed mortgage and the buyer used the property as a personal residence.
• You have accrued interest from a bond.
• You are reporting original issue discount (OID) in an amount less than the amount shown on Form 1099-OID.
• You are reducing your interest income on a bond by the amount of amortizable bond premium.
• You are claiming the exclusion of interest from series EE or I U.S. savings bonds issued after 1989.
• You received interest or ordinary dividends as a nominee.
• You had a financial interest in, or signature authority over, a financial account in a foreign country or you received a distribution from, or were a grantor of, or transferor to, a foreign trust. Part III of the schedule has questions about foreign accounts and trusts.

irs.gov