3486277
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

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

wrong 1099-int

I received a 1099-int under my name and ssn.  The bank issued a corrected 1099 (red) to the correct recipient ssn and name.  the last name is missing 1 letter (i assume no big deal on the name). 

But wouldn't I need a corrected 1099-int to show $0 interest income to offset the incorrect 1099?

thanks

 

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.

1 Reply
KrisD15
Expert Alumni

wrong 1099-int

Not necessarily. 

If the bank deleted the erroneous 1099-INT with the IRS, there would be no "corrected" one.  

You could ask the bank for some sort of confirmation that the form was deleted, or assume they made the correction properly since a new, updated 1099-INT was issued. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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