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Get your taxes done using TurboTax
One year later and I am having a similar problem as last year. On my 1099-OID I have values Only in Box 1 and 10 for 2025 taxes. If I enter those values into turbo tax I get an error as I and others have described in the past. If I understand correctly box 10 should effectively be an adjustment (reduction) to interest in Box 1 and/or 2. If I try to adjust this using the "I need to adjust these amounts", set box 10 to 0, enter the box 10 value as the adjustment value and select "for other reasons" it seems to work. If I select other reasons that seem applicable I get an error. Does this seem right?
Very frustrated with how difficult this is with TurboTax. When I looked to make the adjustment on Schedule B I find that in the Online version I am using for the first time this year I am not allowed to access or modify any forms. There is no Forms Mode in the online version. After 30+ years of using TurboTax this might be my last year.