turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

anon900
New Member

What Should I do? Form 1099-INT I received from my financial institution is blank. Turbo tax is insisting this is an error.

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

4 Replies

What Should I do? Form 1099-INT I received from my financial institution is blank. Turbo tax is insisting this is an error.

If the form is blank either ignore it or ask the bank why you received it. 

What Should I do? Form 1099-INT I received from my financial institution is blank. Turbo tax is insisting this is an error.

@anon900 

 

Did you actually receive a blank 1099-INT?

or

Do you have a blank 1099-INT in your tax file and just "Assume" your financial institution put it there?

 

A blank 1099-INT could show up in your tax file, transferred in empty from last year, and it's just waiting for you to put in the information from your real 2023 1099-INT form.

 

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
anon900
New Member

What Should I do? Form 1099-INT I received from my financial institution is blank. Turbo tax is insisting this is an error.

I'm sorry, I re-wrote the question and ended up inadvertently removing an important part.
Form 1099-INT was complete except for box 17, which is how much state tax was withheld. I ended up just entering $0, since no state income tax was withheld, and it worked.

What Should I do? Form 1099-INT I received from my financial institution is blank. Turbo tax is insisting this is an error.

If that worked, then great.

 

Sometimes imported 1099-INT forms bring in extraneous unneeded information.

IF box 17 on a 1099-INT is empty, we usually tell folks to just delete everything in boxes 15,16,17 and leave them entirely blank.

 

I've never had anything in those 1099-INT state software boxes in .....forever (30 years or more?).

But if there were state taxes withheld, then those boxes would be needed.

 

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

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question