I have 1099 OID, previously was reported from First Clearing House; this year is Wells Fargo
(same acct). Turbo Tax wants me to file it as First Clearing House, What to do? Also, have 1099-INT for $0.08. Can I just ignore it?
01514
1 Replies
PeterM
New Member
Jun 1, 2019 2:09:07 AM
Yes, you can ignore the interest income (1099-INT) for $.08. As for the 1099-OID, First Clearing is a trade name used by Wells Fargo...so it will be okay. However, you should be able to delete the name and re-enter as it states on the Form 1099-OID.