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Jack9
New Member

I have two seperate 1099-DIVs from two different providers (PNC and Fidelity) but "payer" on both forms is National Financial Services LLC and Fed ID # is same.

It seems as though the Fed Tax ID # applies to National Financial Services Inc, so should I list National Financial Services Inc as the institution/payer for both 1099-DIVs, or can I list PNC and Fidelity separately while also listing the same Fed Tax ID #? I didn't know if not listing PNC and Fidelity would cause any confusion when deciphering forms. 

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PaulaM
Expert Alumni

I have two seperate 1099-DIVs from two different providers (PNC and Fidelity) but "payer" on both forms is National Financial Services LLC and Fed ID # is same.

You can do it either way but make two separate 1099-DIV entries-one for each form. It will not confuse anything with the IRS. They look for Tax ID number and the reported amounts.

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1 Reply
PaulaM
Expert Alumni

I have two seperate 1099-DIVs from two different providers (PNC and Fidelity) but "payer" on both forms is National Financial Services LLC and Fed ID # is same.

You can do it either way but make two separate 1099-DIV entries-one for each form. It will not confuse anything with the IRS. They look for Tax ID number and the reported amounts.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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