Questions about changes in entering 1099s manually

[TurboLover2]

TY24 Deluxe with State

Windows

I go to:
FEDERAL TAXES>Wages & Income>Interest and Dividends>Update

and it seems there are changes this year in this area.

I have two questions about MANUALLY entering 1099 information (I do not want to pull them automatically):

1. When entering a new source of 1099 income, I can enter the name of the payer, but I don't see any fields where I can enter the rest of the Payer's information like address and TIN.  How do I enter that? In past years there were fields for that here.

2. In past years I would see a list of the 1099s already entered where I could see which ones were already entered, check and edit them, and see the totals entered for each entry. Now I don't see any list. It only seems to allow you to enter new 1099s. Once you enter them, how can you see an editable list of those 1099s already entered as in past years (without having to go to "Forms")?

Thank you.

[VolvoGirl]

I know it’s changed.  To start, at the bottom of the screen to type in your bank to import there is a little blue button to Skip Import.  Then if you get the list of Interest and Dividends there is a pencil icon on the right by each one to edit it.  And now they list ALL your interest, dividends and investments mixed on 1 list.   

For Desktop.....when you click on either Interest, Dividends or Investments from the main first income list you get ALL your 1099 forms listed mixed together.   You need to go to the bottom and click on +Add Investments

I don't like the new way at all.  Too many clicks and sreens to click on and go through.   Go to the bottom and +Add Investments, then import or skip import, THEN....should be a screen with 5 boxes, pick Interest, Dividends, Stocks Bonds Mutual Funds, Cryptocurrency, or Other

[TurboLover2]

Thanks for the reply @VolvoGirl.

I think maybe by the "main income page" you are referring to the page with those annoying giant blocks for each financial institution?  Yes I can see that.  And I can see it shows the financial institutions I already entered the total amount of interest (and takes up half the screen just for that instead of a simple one line entry for each Payer).  MAN that page is annoying!  Who the heck figured out how to waste all that screen space to make it so annoying instead of the nice compact list it had in past years?

Thanks, I think I see what you mean now.  My Question 2. is answered (as ugly as it is with the changes they made!)

But if I click on Edit for one of the 1099s I already entered, it still doesn't have any way for me to enter the rest of the Payer information.  So Question 1. is still a mystery.

Only thing I can think of is that Payer information isn't necessary to file because it doesn't appear on the filed return anyway?  So they don't need to get it from you, just the name of the payer?

When I used to file my own returns filled out manually the only thing provided was the name of the payer.  So maybe they don't need it and that's why TT is no longer providing fields for payer's address and TIN?

[KeshaH]

The payer TIN and address isn't a required field for filing, so you don't need to enter that information. There is nowhere to enter that information in the Step-By-Step section of TurboTax. However, if you do prefer to include it you can do so by going to Forms and navigating to the 1099-INT.

After you enter the 1099s, you should see a screen that says Let's finish pulling in your investment income with a summary of each of the forms that have been entered so far. You can click on each one to see what's been entered in each of the boxes and edit the form if necessary. See the screenshot below.

@TurboLover2 

[VolvoGirl]

Oh  my gosh.  I just noticed this too.  Even if you add a new form it doesn't give you the boxes to enter the FI info.  Another big change.