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Level 2
February 23, 2024
Question

How do you report your interest income from multiple accounts in the same bank?

  • February 23, 2024
  • 2 replies
  • 32 views

I have 12 CD accounts opened at the same online bank and in past years, I created and reported 12 entries in TurboTax. This year, it just crossed my mind since it is the same bank, can I just create and report 1 entry in TurboTax (with the total interests of the 12 CD accounts reported)? Thanks.

BTW, I have to enter them manually because this online bank is not defined for import in TurboTax.

2 replies

Hal_Al
Level 15
Level 15
February 23, 2024

Q. Can I just create and report 1 entry in TurboTax (with the total interests of the 12 CD accounts reported)?

A. Yes.

TD082023Author
Level 2
February 23, 2024

Thank you.