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Trying to import 1099-INT form from Ally Bank. It is a combined statement. Seemingly only one account's information, my checking account, is being imported. If only manual, how should I go about imputting checking and savings interest?

What I placed in the title is most what I already wanted to ask. Ally Bank is being difficult and I just want to put in my combined 1099-INT.  This is my first time filing taxes, I want to do it right the first time.

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4 Replies

Trying to import 1099-INT form from Ally Bank. It is a combined statement. Seemingly only one account's information, my checking account, is being imported. If only manual, how should I go about imputting checking and savings interest?

@NathanielThompson 

Go back and Edit that 1099-INT on the Wages&Income page.

 

The paper PDF, that you can download separately from ALLY, has a final combined 1099-INT on the last page of that form-set, that has the total interest paid out to your account.  Edit in just that final total.

________________________

Yes...1099-INT imports from ALLY have been screwed up for several years...with useless finger pointing from both sides.

Double-check the import every year until they get it fixed (am I'm dreaming?)...or just go ahead and manually enter the proper total every year.

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

Trying to import 1099-INT form from Ally Bank. It is a combined statement. Seemingly only one account's information, my checking account, is being imported. If only manual, how should I go about imputting checking and savings interest?

Thank you for the information.

Trying to import 1099-INT form from Ally Bank. It is a combined statement. Seemingly only one account's information, my checking account, is being imported. If only manual, how should I go about imputting checking and savings interest?

Real quick though. Do I import the half 1099-INT first, then edit? Or do I just make a manual 1099-INT from the get-go?

Trying to import 1099-INT form from Ally Bank. It is a combined statement. Seemingly only one account's information, my checking account, is being imported. If only manual, how should I go about imputting checking and savings interest?

I'd just enter it manually.   (Gives me practice on navigating the manual entry for all kinds of forms too)

________

I have several CDs there...so have always had to make sure to get the total one in.

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

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