My business, S Corporation, has a brokerage account with Chase and received IRS form 1099B with an amount in Box 13 or Bond Premium on Tax Exempt Bonds. This is the first time i have received a premium proceeds on bonds. I don't see any questions or category in Turbo Tax Business for reporting this information in my business tax return form 1120-S. how do i report this in the 1120-S form for the business?
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Have you checked out FORMS VIEW? Maybe you can enter it on a work sheet.???
Thanks for responding. I tried to look for this in forms view but was unable to find a line in any of the worksheets. do you have a more specific form or line in mind?
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