TurboTax 2025 incorrect breakout of accrued interest

[user17738446560]

I have a 1099-INT from my brokerage that include both taxable and tax-exempt interest. I had accrued interest from taxable and tax-exempt bonds. The worksheet shows it as one aggregate total and it is broken up incorrectly on Schedule B. There is too much accrued interest credited to the tax-exempt side and the taxable side is short by the same amount. That will cost me money. Is there a fix for this? I'm running out of time to file.

[user17738446560]

I figured out how to fix this. I turned one 1099-INT into two. One for taxable and one for tax-exempt. That solved the issue.

THIS IS A BUG. My 1099 shows all my accrued interest but does not specifically break it out between taxable and tax exempt. TurboTax cannot tell which is which. Instead of popping a warning or asking me to clarify, it just silently guesses and gets it wrong.

Someone from Intuit please reply to let us know that you were aware or are now aware and will fix this.

[SteamTrain]

Yep...this ahs been going on for many...many...many.. years.

Someday.....someday they might show separate Accrued Interest selections on the follow-up page, to account for bonds related to boxes 1, or 3, or 8 and deal with their accrued interest separately from one another...but so far, we're stuck with just creating a separate 1099-INT for whichever bond-type is being dealt with.

Make a note in your tax folder about how you had to handle it this year...I'm not sure it will change soon.

[user17738446560]

There is no excuse for this. I am not asking them to get the breakdown right, just to alert me that there is a problem I need to address. THIS IS A BUG and needs to be fixed. How do I get their attention?

[SteamTrain]

@user17738446560 

Not sure of the best way.  I know they ask for a review after filing.....you could have your evaluation of the problem typed up and ready to post in that evaluation.....for the powers-that-be to consider to be worked on for future software revisions.

[user17738446560]

This is still a bug and no one from Intuit has responded. Is anyone going to take some responsibility and respond? At least pretend you care.