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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?

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JulieS
Expert Alumni

Can I just enter total from consolidated 1099-INT form?

Yes, since they are all the same type of income and from the same bank, you can just make one entry with the total interest. 

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1 Reply
JulieS
Expert Alumni

Can I just enter total from consolidated 1099-INT form?

Yes, since they are all the same type of income and from the same bank, you can just make one entry with the total interest. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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