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FOCUSGuy
Level 3
December 7, 2019
Solved

Form 1099 - Report totals?

  • December 7, 2019
  • 1 reply
  • 6 views

My Form 1098-INT shows:

CD 100

Money Market Checking 100

Total 200

Is there a best practice for if I should show the two (2) line items on Schedule B, or only the total? 

This topic has been closed for replies.
Best answer by Just-Lisa-Now-

Completely up to you.  

IRS is just looking at total interest reported to them matches the total interest reported on the tax return.

1 reply

Just-Lisa-Now-
Intuit Community Champion
December 7, 2019

Completely up to you.  

IRS is just looking at total interest reported to them matches the total interest reported on the tax return.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
FOCUSGuy
FOCUSGuyAuthor
Level 3
December 7, 2019
Thank you.  Understood.