topic I have a consolidated 1099 statement, is this another type of 1099INT? in Get your taxes done using TurboTax

I have a consolidated 1099 statement, is this another type of 1099INT?

daniel06wilson — Fri, 12 Mar 2021 04:04:11 GMT

How do I know if I have to report my consolidated 1099 statement?

Re: I have a consolidated 1099 statement, is this another type of 1099INT?

VolvoGirl — Fri, 12 Mar 2021 04:16:40 GMT

If you have a consolidated 1099 statement. That will have sections for 1099-Int and 1099-Div and 1099B. You need to enter each section in the right place. So read it carefully and look for headings.... 1099-INT for interest or 1099-DIV for Dividends or 1099B for sales.

If you have any 1099B for investment sales you will need to use the Online Premier version.

Re: I have a consolidated 1099 statement, is this another type of 1099INT?

DavidD66 — Fri, 12 Mar 2021 04:17:08 GMT

A consolidate 1099 statement is something sent out by investment firms, and it usually includes Forms 1099-INT, Form 1099-DIV, and Form 1099-B. It will also have supplemental information related to the information reported on those forms. It is not unusual for someone to only have information for a Form 1099-INT, or Form 1099-DIV reported on their consolidated Form 1099. If you have any amounts reported on any of the 1099 forms, you have to report it/them.