Get your taxes done using TurboTax

To accurately enter in your 1099-OID, please follow these steps (it doesn't take long, just looks like a lot):

 

1.  Click on the tab "Personal" at the top of your screen and then just below it click on the grey oval that says "Personal Income"

2.  This brings you to the page titled "Your 2020 Income Summary"

3.  Scroll down to the "Interest and Dividends" section and click on "Visit All" - JUST to be on the safe side in case you might have anything

     accidentally lingering in the other 1099 sections

4.  Then, once at the 1099-OID section, titled "Miscellaneous Investment Income", check off the first box to the left of "From 1099-OID"

     then click "Continue"

5.  On the next screen titled "Any OID for 2020" click on "Yes" and then on the next screen that is titled "Let us enter your 1099-OID"     

     SELECT THE LAST OPTION "I'll type it in myself"  as this will ensure that all information from your 1099-OID is getting entered

     correctly into the system. I've already checked the 2020 1099-OID IRS Form and it is exactly like the one in the TurboTax System. I

     hope this helps.