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Get your taxes done using TurboTax
I have to retract my earlier statement. There is no error. The differences that I was seeing came from the deduction of Bond Premium and of Acquisition Premium from Exempt Interest, which TT does automatically. I didn't realize that and thought that one had to use the Part of the 1099-INT form that is titled "Adjustments to Interest" to accomplish that reduction of Tax Exempt Interest. Numbers now balance.
Thanks for responding.
March 24, 2021
4:15 PM