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How do I enter 1099-INT from multiple Ally Bank accounts?

We have an Ally Bank account with checking and savings. I've printed the 1099-INT for these. How do I enter these into TurboTax for 2024? Do I enter it something like "Ally Bank Checking1" and its interest, "Ally Bank Checking 2" and its amount, "Ally Bank Savings" and its amount? Or do I do it some other way?

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1 Best answer

Accepted Solutions
LindaS5247
Expert Alumni

How do I enter 1099-INT from multiple Ally Bank accounts?

You can enter your Form 1099-INT information using the steps listed below. You should enter them separately as they are shown. 

 

  1. Open your return
  2. In the search Bar enter Form 1099-INT
  3. Select "Jump to 1099-INT"
  4. It will ask, "Did you have investment income in 2024?" Select "Yes"
  5. Select "Continue"
  6. Select "Skip Import"
  7. You will Select your investment type which is "Interest"
  8. You will "Continue"
  9. Then you will see the screen "Let's get the info from your 1099-INT"
  10. You will type in the information from your Form 1099-INT on that page.

 

 

Your screens will look something like this:

 

 

 

 

 

 

 

 

 

Click here for information on entering a Form 1099-INT.

 

 

Click here for Turbo Tax information regarding Forms 1099-INT.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
LindaS5247
Expert Alumni

How do I enter 1099-INT from multiple Ally Bank accounts?

You can enter your Form 1099-INT information using the steps listed below. You should enter them separately as they are shown. 

 

  1. Open your return
  2. In the search Bar enter Form 1099-INT
  3. Select "Jump to 1099-INT"
  4. It will ask, "Did you have investment income in 2024?" Select "Yes"
  5. Select "Continue"
  6. Select "Skip Import"
  7. You will Select your investment type which is "Interest"
  8. You will "Continue"
  9. Then you will see the screen "Let's get the info from your 1099-INT"
  10. You will type in the information from your Form 1099-INT on that page.

 

 

Your screens will look something like this:

 

 

 

 

 

 

 

 

 

Click here for information on entering a Form 1099-INT.

 

 

Click here for Turbo Tax information regarding Forms 1099-INT.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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