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icf6
New Member

2023 TurboTax Business ignoring Accrued Market discount

I have a bond sale on a 1099B with an accrued market discount that is being ignored in 2023 Turbotax business with a 1041 trust return.  It is supposed to be subtracted from the gain on form 8959 with a D code and then reported as interest.  This works with the 2022 business edition and 2023 premier but is broken in 2023 business.  Please fix.

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1 Reply
CatinaT1
Expert Alumni

2023 TurboTax Business ignoring Accrued Market discount

Many things have been corrected in the latest updates to TurboTax. Are you still experiencing this problem?

 

Make sure you have ran all updates. 

 

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If using TurboTax Desktop: Please see this FAQ.

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