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I have multiple CD accounts with a bank which has issued a 1099-INT that has the details for all 6 accounts. Should I report them separately when filing tax?

 
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1 Reply
MinhT1
Expert Alumni

I have multiple CD accounts with a bank which has issued a 1099-INT that has the details for all 6 accounts. Should I report them separately when filing tax?

No.

 

You can report the total interest for all accounts as reported on form 1099-INT.

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