I received 1099 form from TreasuryDirect. I think I need to make sure I report Payer Name correctly.
1099 form is listing the Payer Name as:
Department of the Treasury
Bureau of the Fiscal Service
TreasuryDirect
1) Above lengthy Payer Name does not fit in the textbox in the tax program. Can I just put "Department of the Treasury", and skip "Bureau of the Fiscal Service TreasuryDirect"? I'm thinking if I put the Payer Name incorrectly, the tax program may charge state/local taxes for my T-bill interest earnings so I want to put the Payer Name that both my tax program and IRS computer will correctly recognize.
2) TreasuryDirect has bundled 1099-INT, 1099-B, and 1099-OID into one 1099 form. I just have some T-bill interest earnings under 1099-INT. It says "No Reportable Transactions" under 1099-B, and 1099-OID. Am I required to report "No Reportable Transactions" under 1099-B and 1099-OID? If I enter 0 for both 1099-B and 1099-OID into the tax program, they result in errors the programs requires me to fix before filing.
