topic Re: form 1099 in Get your taxes done using TurboTax

form 1099

bneastment — Thu, 20 Feb 2020 19:05:53 GMT

I have two JP Morgan Securities investment accounts both of which issued a Consolidated 1099. When filing, do I enter the 1099 data separately for each account or can I combine them since the issuer is the same?

Re: form 1099

A60 — Thu, 20 Feb 2020 19:11:09 GMT

I would enter separately - easier to trace the source if you need to tie back to those forms. If you use the download feature, it will enter them separately. If you had sales, do the download so you dont' have to enter all the sale data which is pretty tedious to do manually

Re: form 1099

TomK100 — Thu, 20 Feb 2020 19:32:57 GMT

Enter the 2 forms 1099-B separately. This is the way they are reported to the IRS.