Interest w/o form 1098

[barosser]

TP has interest paid to local bank for equipment, when I put this in Other Interest and try to e-file I get this error

IRS e-file exclusion: Names and Address of person who received 1098 must be entered. If Other interest amount is not associated with Form 1098, paper file this return.

Is this correct I have never seen this error for Interest expense? I have put the interest there before w/o the error.

thanks in advance

[cientax]

You mentioned that this is for equipment, where on the return are you trying to enter this interest? Is this equipment for business use or personal use?

[barosser]

Sch C Equipment (Tire machine) I normally put the interest in Other Interest Line 16b. When I try and create the efile I get the red error preventing the e-file from getting created. there is no 1098 issued

[Jack from Ohio]

It is a program problem that ATX is apparently not going to fix. There are 3 other threads in the e-file forum.

Bottom line, put the interest on line 48 marked other interest. It will let you e-file.

[Chrisbry]

I just efiled one with OTHER INTEREST on line 16 b -- I just put x's in the name, address, etc. area. It was accepted this afternoon.