Tax payer RECEIVED "INTEREST ONLY" Payments of approx $7,000. during 2019. Payor never sent a 1099-INT. Turbo tax ERROR ! must have a SSN or a Bus. tax Number. Payer refuses to supply a number.
Interest Income received from seller financed Real property sale. Payor did not send a 1099-INT
Turbo tax review finds it as an error missing SSN or Bus. ID
what to do ? Called payor for tax ID. Refused to give a number ??
02534
2 Replies
macuser_22
Level 15
Apr 17, 2020 11:28:38 AM
About all you can do is print and write REFUSED on the Schedule B "Seller-Financed Mortgage Interest Statement" in place of the SSN and sign and mail your tax return. You cannot e-file without a valid SSN (Note that the payer can be subject to a IRS penalty for failing to provide a SSN when required for a tax return.)