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Get your taxes done using TurboTax
Hi Hope,
Thank you for your reply. Making these reporting adjustments for the trust OID has worked for many years but this year for 2023, after including the OID amount on line 11 Tax Exempt OID to the 1099 INT line 13 Bond Premium on Tax Exempt Bond, that amount is greater than Line 8, on the 1099 INT and I keep getting an error message. What would be a work around to correct this so I can complete my tax return? Of course it would be ideal if TT could upgrade the software and we could report these amounts where they are intended to be reported.
Thanks,
Kathy
‎February 9, 2024
9:38 AM