@ SteamTrain wrote:
Sorry....I'm not very conversant on zero's, and haven't read up on how/where you are supposed to enter the accrued interest every year. As a result, I stay away from them entirely.
Since he mentions Form 1099-B, I think the user's T-bill was bought in the secondary market, and is referring to the accrued market discount column (Form 1099-B, Box 1f). And for me, my similar situation works out like the steps I outlined above for the Federal return. When I enter the 1099-B info into TurboTax, it knows what to do with the Box 1f figure to get it to Schedule B and to correctly annotate the adjustment on Form 8949.
I'll see if I can get one of the TurboTax Tax Experts to look this over. Thanks!
