Question
Single 1099-INT form covering for multiple accounts with the same bank
I received a single 1099-INT form covering for multiple accounts with the same bank. Some accounts are joint account, some accounts are my own account (not joint account).
In Turbotax, I have to specify one of 3 dropdown options for 'This 1099-INT belongs to ...':
1. Both of us;
2. My name;
3. My spouse name;
Does it matter if I pick 'Both of us', or 'My name' in this case? My gut feeling is to go with 'Both of us', although not all are joint accounts for this same 1099-INT form.
