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1099-OID box 6--Separate for Taxable and Tax-Exempt?
I have a 1099-OID that is divided into two sections: Taxable Obligations and Tax-Exempt Obligations. Some boxes can be found in just one section or the other, but a few, including box 6--Acquisition Premium, appear in both. The TT worksheet corresponding to this form combines the box 6 values for the two parts of the statement. Is this appropriate? Thanks!
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March 17, 2025
4:36 PM