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Get your taxes done using TurboTax
Putting total OID on US Treasury obligations from box 8 on the reporting firm's 1099-OID into box 12 on TurboTax Business's 1099-INT form gives an error message, even if you put in the CUSIP number of the zero-coupon bond for which the 1099-OID is issued. How long will TurboTax Business ignore the tax law we're trying to comply with?? Please put out an update with a 1099-OID form now. TurboTax for Form 1040 has had this, and thus it appears that TurboTax knows how to integrate this into software....
‎June 3, 2019
11:38 AM