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Form 1099 - Report totals?

FOCUSGuy
Level 3

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? 

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Just-Lisa-Now-
Level 15
Level 15

Completely up to you.  

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


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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2 Comments 2
Just-Lisa-Now-
Level 15
Level 15

Completely up to you.  

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


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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FOCUSGuy
Level 3
Thank you.  Understood.  
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