I received my 1099-INT which has the aggregate of all my account on one statement. Can I just report the interest as an aggregate total or do I have to enter each account separately? Accounts include Checking, savings and CD's. Thanks.
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Just enter the bank name and amount in box 1 and any other boxes the 1099Int statement has.
Enter a 1099-Int under
Federal Taxes tab
Wages & Income
Interest and Dividends
Interest on 1099INT - Click the Start, Revisit Or Update button
ps.....Don't enter the bank name and don't try to import it. It is just as fast and easy to manually enter it. When you enter a 1099 the first screen is How to Enter, by Import or Enter it Myself. Scroll down and click the last circle to enter it myself.
You can enter the total.
What the section where asks for the account number? Thanks
Just enter the bank name and amount in box 1 and any other boxes the 1099Int statement has.
Enter a 1099-Int under
Federal Taxes tab
Wages & Income
Interest and Dividends
Interest on 1099INT - Click the Start, Revisit Or Update button
ps.....Don't enter the bank name and don't try to import it. It is just as fast and easy to manually enter it. When you enter a 1099 the first screen is How to Enter, by Import or Enter it Myself. Scroll down and click the last circle to enter it myself.
Thank you. I appreciate it. Have a nice day.
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