Or perhaps another possibility...demonstrating again how important the exact details become that perhaps you did not explain.
5) maybe an IRA CD matured, and it rolled into a new IRA CD, but just the principal amount was rolled into the new IRA-CD, and not the interest:
...say a $1000 IRA CD that matured with $26 interest in it.
IF the $26 did not roll into a new IRA-CD, then they would issue you a 1099-R at the end of the year for either: a) just the $26 in box 1 (but not a 1099-INT) ....or a 1099-R with $1026 box 1 gross distribution, that you would enter into the software, but indicate that only $1000 was rolled into a new IRA. The mechanics of a) or b) depends on how they handled that rollover internally at the bank.
But in neither case is a 1099-INT issued, and it is all handled as a 1099-R.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
