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Can I just enter total from consolidated 1099-INT form?
My wife and I have a dozen or so CD's, all earning exactly the same type of interest, from the same Institution. All have exactly the same OMB number associated with each account. We downloaded a 1099-INT which lists each acct. number and box 1 interest income separately. About a dozen or so pages. The last page consolidates all 12 separate CD accounts into one Combined Statement For Form 1099-INT for Tax Year 2023. Again, only Box 1 is filled in here as well.
Can I enter just the consolidated total for that Institution or must I enter all 12 CD accounts separately?
March 3, 2024
12:07 PM