@seccam wrote:
2. Until 2019 I have declared her interest income as 'Various Indian banks' on 1099-INT - because she has accounts with more than 8 banks and total more than 30 accounts ...so I would just calculate total and convert in to USD and declare in one line ...is there any problem doing that again?
It's no problem at all, as long as her total interest income (Form 1040 line 2b) is not more than $1,500. In that case, the only thing that actually appears on the tax return is the total amount of interest. You don't have to enter the details.
If the total amount of interest is more than $1,500 you have to list the individual payers. The name and amount for each payer is listed on Schedule B. You can enter one total for all the accounts in one bank, but you have to list each bank separately.
