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My bank lumps in interest paid to CDs along with savings account interest. How is CD not received interest entered

the 1099R shows total interest with a separate attachment that shows what was paid and received thru savings and checking and what was paid from CDs not received
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My bank lumps in interest paid to CDs along with savings account interest. How is CD not received interest entered

interest earned on CD's is taxable each year as it is earned, even though interest is not received or credited until a later year. this only applies to CD's with a maturity date of more than 1 year. 

 

box 1 contains the distribution amount and box 2 may contain the taxable amount.  sometimes it's left blank because the reporting entity doesn't know if you have basis. if blank, you need to also enter box 1 in box 2 and then by completing form 8606 if you have basis the correct taxable amount will be determined. 

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