Get your taxes done using TurboTax
Yes, when you enter a 1099-B with an amount in Box 1f for Accrued Market Discount, check your Capital Asset Sales Worksheet. It should show the transaction with an Adjustment amount for the amount of the Accrued Market Discount with a Code D.
The amount should automatically transfer to Schedule B, Part I, Interest. If this is not happening, delete your 1099-B and the Capital Asset Worksheet and re-enter manually.
Make sure your program is Updated.
