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Get your taxes done using TurboTax
Having the same issue in Turbo Tax filing in IL. Please provide more details regarding how to override the Treasury note income while processing the state return associated to incorporate the market discount income, which Turbo Tax isn't picking up. The tax program just doesn't allow the user to designation the type of bond being reference in 1099-B output. Turbo Tax has no way of knowing the bond being reference in the 1099-B schedule is a Treasury note. Thanks.
‎February 2, 2025
11:05 AM
4,118 Views