Turbo Tax rejects a 0 entry on the 1099-INT form from my financial institution.

The 1099-INT form downloaded from LPL has zeros in boxes 10-13. Turbo Tax Business says at least two of these cannot be zero or less than zero. When testing by changing box 12 entry to 1 it then says it must be zero or less. I don't understand how to proceed past the Federal checks provided by Turbo Tax.

156

Level 15

May 9, 2021 10:41:53 AM

Generally speaking...for any 1099-INT form, any box with just a zero in it should be left entirely blank.

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Sometimes early in the tax season, at least a zero must be place in box 1 if there are real $$ in any other boxes ...but only until they fix that software problem

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Turbo Tax rejects a 0 entry on the 1099-INT form from my financial institution.