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I recieved multiple 1099-INT forms from a single institution. Can I bundle them and enter a single total, or does each one need to be input?

 
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Kat
Level 15
Level 15

I recieved multiple 1099-INT forms from a single institution. Can I bundle them and enter a single total, or does each one need to be input?

It's fine to total all of the 1099-INTs from the same financial institution and enter the total.

 

 

*Please click the thumbs-up icon if this response was helpful.
**Please click "Mark As Best Answer" if your question has been resolved. Thank you.

*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***

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1 Reply
Kat
Level 15
Level 15

I recieved multiple 1099-INT forms from a single institution. Can I bundle them and enter a single total, or does each one need to be input?

It's fine to total all of the 1099-INTs from the same financial institution and enter the total.

 

 

*Please click the thumbs-up icon if this response was helpful.
**Please click "Mark As Best Answer" if your question has been resolved. Thank you.

*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***
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