I have a trust fund at my credit union that I'm a trustee. The 1099-INT has interest from my personal account and from the trust account. It does show the line interest separately. Should I have received separate 1099-INT statements for each; one for my SSN and one for the trust EIN?
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Yes the Trust should be set up at the Credit Union as a separate account and not listed in your personal accounts. Didn't you set up a new account for it originally? Better check with the CU.
Yes it's a separate account and the 1099-INT shows line items on the bottom separate from the boxes. I'll ask the CU what's going on.
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