I'm mixing 3 situations.
1. The FHLB bonds are in a Fidelity account. The interest is reported on the 1099-INT. It is (properly) included in Box 1. Box 3 has $0 (which is correct since FHLB bonds are not "Interest on U.S. Savings Bonds and Treas. Obligations." The detail attached to the 1099-INT shows the specific bond and interest payments. There are no bond premiums associated with these; I purchased as new issues. This is the amount that I need to add to ADJ line 4.
2. I have 2 other 1099-INTs (not Fidelity) that include amounts in Box 3. These are properly added and the total is shown in ADJ line 4. No issue here.
3. One of these non-Fidelity 1099s also includes bond premiums, which are properly deducted from the amount in ADJ line 1. No issue here either.
So what I need to do is add the amount from #1 above into ADJ line 4. I could do this by inserting the amount into the Fidelity 1099-INT box 3 (which is not really correct), overriding the amount shown in ADJ line 4 and showing some supporting detail, or some other method. What do you suggest?
Thanks.
@baldietax @LenaH
