Reporting few cents of interst

Forum|Forum|6 years ago
March 16, 2020
1 reply
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Even if we wanted to show an interest of few cents, when we enter few cents, it will round down to zero but then this will cause the program not to show it at all correct? in other words, it is not possible to show a few cents or zero dollar interest entry, even if we wanted to correct?

Anonymous

why would you want to bother?

but are you entering the decimal point .01 not 01

okatayAuthor

Level 2

because my broker issued a 1099-INT for 9 cents, in a consolidated tax form saying i have other 1099-div and 1099-b too.... they say it is my information only and that form isn't sent to IRS but i couldnt be sure because on the form it says the form is being furnished to IRS (looks like generic wording but stilll). so just in case, if that goes to IRS and i cannot show it, then i will not be showing that 9 cents for which they received a 1099-int.

I was hoping someone answer my original question

so if it is zero, it is not possible to show it even if we want to?