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My Navy Federal 1099-INT doesn't have a TIN number. I tried my social number, but I cannot use this number. This form shows federal income already withheld.

Should I even use this form, since income was already withheld?

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5 Replies

My Navy Federal 1099-INT doesn't have a TIN number. I tried my social number, but I cannot use this number. This form shows federal income already withheld.

Yes you have to report all your income.  The tax withheld may not be enough to cover the tax due on it when added to all your other income.  You don't need to enter the EIN for interest.

 

Don't enter the bank or broker name and don't try to import it.  It is just as fast and easy to manually enter it.  At the bottom pick -  Change How I enter my Form

Then on the next screen pick I'll Type it in Myself

 

 

 

 

My Navy Federal 1099-INT doesn't have a TIN number. I tried my social number, but I cannot use this number. This form shows federal income already withheld.

I walked thru a 1099-INT entry in the "Online" Premier product with my brother, over the phone....with him in another state.

 

WE carefully created entered a new 1099-INT in our own Online tax accounts, confirming each selection step-by-step, (bypassing the initial EIN search page) to enter it manually, and talking thru each of the steps to make sure each selection along the way was the same.......he was still required to put in an EIN on the main 1099-INT form, while I wasn't.  Have no idea why....different TTX servers with slightly different software setups?

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But...I'm pretty sure the Navy Fed EIN is 53-0116705

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Federal tax withholding on a 1099-INT (box 4) is fairly unusual, but I guess it could be done in certain situations.

 

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
M1WV
Level 3

My Navy Federal 1099-INT doesn't have a TIN number. I tried my social number, but I cannot use this number. This form shows federal income already withheld.

What address are you using for 1099_INT  CX form does not list and address

My Navy Federal 1099-INT doesn't have a TIN number. I tried my social number, but I cannot use this number. This form shows federal income already withheld.

None.....you don't need an address...just an empty 1099-INT you enter manually As-IF from Navy Federal, then fill in the appropriate boxes.

 

DO NOT upload a Picture or PDF of a 1099-INT...."O, that way madness lies"...just create one manually.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
M1WV
Level 3

My Navy Federal 1099-INT doesn't have a TIN number. I tried my social number, but I cannot use this number. This form shows federal income already withheld.

Thanks, you beat me to the post.  This is my long winded explanation and solution:

 

The issue: When the 1099-INT was scanned into TurboTax, somewhere the coding(?) read the state as MI (or MT as they read on their screen.) 

 

They deleted and reentered, manually and the problem was resolved.

 

The error was generated from the Schedule B.  Manual entry did not require the address and no error message because there was a state into imprinted into the Schedule B, looking for other address information to match.

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