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How handle in TurboTax premium amortization on taxexempt bonds? I entered box 8&13 from 1099 into TT. Adjusting for purchased accr. int. but what about amortized premium?
I am itemizing deductions. I want to confirm if TurboTax already handles premium amortization if entered into 1099 or if I should show premium amortization on tax exempt bonds as an adjustment to income on that "page." I would click other reasons and combine with accrued purchased tax exempt interest income, if appropriate.
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‎June 4, 2019
2:08 PM