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I don’t understand the form 1099 OID for my exempt income . Thanks
On the review before filing it asks for 1099 OID info on a worksheet where do I get the info to put in worksheet and do I have to do it for every tax free bond I own?
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June 3, 2019
12:52 PM
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Get your taxes done using TurboTax
OID Interest would be shown on your 1099B statement that you get from your investments. Some 1099B do not have this OID. OID usually show up in a separate category underneath Dividends and Sales of Stocks. It could be on the 2 or 3 page of your 1099B.
You do not have to do this for every tax free bond that you own. Just the total as shown on your statement under OID category.
June 3, 2019
12:52 PM