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I have more than one 1099-INT from the same bank. Do I enter them separately or add them all and enter the total?

 
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2 Replies
robtm
Level 10

I have more than one 1099-INT from the same bank. Do I enter them separately or add them all and enter the total?

All 1099's should be entered separately. 

HelenC12
Expert Alumni

I have more than one 1099-INT from the same bank. Do I enter them separately or add them all and enter the total?

You can do it either way. I generally enter each 1099-INT form separately, even though it's from the same bank. 

 

Form 1099-INT reports interest from banks, brokerages, and other financial institutions. Here's how to enter a 1099-INT:

  1. Sign in to your TurboTax account and open or continue your return
  2. Select Federal from the menu, then Wages & Income
  3. Locate the section titled Investments & Savings and select Show More, then select Start or Revisit next to Interest on 1099-INT
  4. Select Yes on the screen Did you receive any investment income? then Continue
    • If you see the screen Your investments & savings or Here's your 1099-INT info, select Add investments or Add another 1099-INT, then Continue
  5. On the next screen, select how you want to enter your Form 1099-INT:
    • If you want to import your form, search for your brokerage or financial institution. Sign in to your online account and select Get my form
    • If you want to upload a copy of your form or manually enter the info, select Enter a different way, and follow the instructions to enter your 1099-INT
  6. On the screen Do any of these uncommon situations apply? check the boxes according to your situation and Continue
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