What is a consolidated 1099?
Financial institutions may issue a consolidated or composite (combined) 1099 form for any income you receive from investments or savings. A consolidated 1099 can have different form types (1099-INT, 1099-DIV, 1099-B, 1099-DA, 1099-OID, and 1099-MISC) on a single form with each corresponding to the different income you received from your investments.
The form and section names correspond to different incomes as outlined below:
You may have all of these on your consolidated 1099, or only the ones that apply to you. If you have a section that has $0 for all amounts, that means you didn't have that income, but the financial institution prints it for all accounts.
The form and section names correspond to different incomes as outlined below:
| 1099-INT import supported | Interest income |
| 1099-DIV import supported | Dividends and Distributions |
| 1099-B import supported | Proceeds from broker and barter exchange transactions (e.g. stock sales) |
| 1099-DA | Digital asset proceeds from broker transactions (e.g. crypto sales) |
| 1099-MISC import supported | Miscellaneous income |
| 1099-OID | Original Issue Discount income |
You may have all of these on your consolidated 1099, or only the ones that apply to you. If you have a section that has $0 for all amounts, that means you didn't have that income, but the financial institution prints it for all accounts.
