When importing from Quicken, Interest Income for 1099-Int has the wrong payee names. Instead, they are all totaled together under then Account name in Quicken.

For example, there should be two 1099s. In Quicken checking account named "Wells Check", I have interest income from payees "Bob", "Sue" and "Joe". I don't get 1099s from them. But after they are imported, TurboTax shows them all are totaled together, and the Payee is "Wells Check". How do I get Turbotax to separate them with the correct Payees?

182

Level 4

Apr 3, 2022 5:35:49 PM

Importing from Quicken is unreliable. I suggest you import your 1099s from your financial institutions instead. No 1099s? Type the info by hand.

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When importing from Quicken, Interest Income for 1099-Int has the wrong payee names. Instead, they are all totaled together under then Account name in Quicken.