DianeW777
Expert Alumni

Investors & landlords

It is a bit confusing.  The interest earned on your certificate of deposit (CD) will be reported on the 1099-INT.  Once the CD matures and is redeemed, it is considered a sale of sorts and for this reason it is reported on the 1099-B.  You do select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B), then Stocks, Bonds, Mutual Funds. You can choose to type it yourself instead of import. Either way is fine, but make sure if you import the purchase price is correct.

 

If you choose to type it yourself, you simply enter the date acquired, the redemption price, and purchase price.  If you have been reporting the accrued interest each year then the purchase price will be the same as the redemption price. 

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