Enter Form 1099-INT nominee distributions
Use the
B&D
screen in the Income
folder to enter nominee distribution amounts for Form 1099-DIV or Form 1099-INT. Do the following to enter Form 1099-INT nominee distributions:- In theIncomefolder, select theB&Dscreen.
- Open theInterest incomestatement.
- Enter the 1099-INT information.
- Create a new line in the statement.
- Enter3 Nominee distributionin theType Codecolumn.
- In theInterest incomecolumn, enter the adjustment as a positive amount.noteIf you enter a negative adjustment, Schedule B won't print.