Anonymous
Not applicable

Get your taxes done using TurboTax

even if over the limits it may not matter.  

I've filed my returns for more than 25 years and never have gotten an inquiry from the IRS because I entered Chase rather than JPMorgan Chase Bank NA or Schwab rather than Charles Schwab   or MB Bank rather than MB Financial Bank.   

When I was doing return professionally, I had clients with multiple accounts from the same source each with separate reporting forms..  so 12 reports from JPMorgan Chase each got enter as Chase. Clients never once said to me or forwarded to me an inquiry from the IRS.     

during that time I also seen numerous returns use the broker's name say XYZ company when its actually the clearing firm  Pershing that files the 1099's with the IRS - again never once an inquiry (Pershing not XYZ would be the name if you were to pull the IRS transcript)  

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