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I have two numbers for my interest income. What number do I enter?

I have two numbers for my interest income. The two numbers add up to how much interest I made. Which one number do I put down?
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3 Replies
KrisD15
Expert Alumni

I have two numbers for my interest income. What number do I enter?

enter the total

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pk
Level 15
Level 15

I have two numbers for my interest income. What number do I enter?

@jess-lynn-johnso  did you get  two 1099-INT or just bank statements ?  If these are two separate  1099-INT, you must enter  both separately  --- TurboTax does allow that.  This is more work but the Automatic Under-Reporter  (AUR )  program in IRS will want to see entries for each 1099-INT or may send you a notice of under-reporting.  ( CP2000 ).

 

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I have two numbers for my interest income. What number do I enter?

@pkis correct.   If this interest is, perhaps from 2 savings accounts at the SAME bank and it came in on the SAME form, you could combine the interest.  If the interest reported is on separate forms, report it separately. It's easier bookkeeping for everyone. Good luck!

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