I'm attempting to prepare for our tax year 2020 TT entries. Through Tax Year 2019 the investment company where we had our mutual fund account would send us a 1099-Div for EACH mutual fund. When I prepared our 2019 return I entered the 1099-Div information for EACH mutual. In 2020 we transferred (in-kind) our six mutual funds to Charles Schwab and opened a brokerage account. According to the Charles Schwab Tax Center we'll receive a 1099 Composite which will contain a composite 1099-Div (according to the sample I downloaded.) Therefore, will I enter a "single" 1099-Div for all of my mutual funds (combined) or will the Schwab composite form breakdown each funds respective 1099-Div information? In other words, does anyone have any experience with the Charles Schwab composite form where their brokerage account is made up of multiple mutual funds?
