Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 14, 2025 4:36:28 PM

Prior Year 1099-INT is wrong on Income Summary

I am using the Home and Business edition for 2024.  I have noticed the same problem for the 2023 edition.

 

On the "Your 2024 Income Summary" page, the 1099-INT amount for the prior year is drastically wrong (it is showing an amount about 10x of what was actually reported).  I opened up last year's return to confirm.  Not sure where it is getting this wrong information from.

 

Any ideas?

0 1 388
1 Replies
Expert Alumni
Apr 14, 2025 4:45:05 PM

I have no idea where the inflated interest income amount is coming from.  As long as it's only showing up in prior year information I wouldn't worry about it.