I have the same question/issue. I only have entries in boxes 6, 10 and 11. I get an error message from Turbo tax telling me that "the bond premium adjustment of 9.18 reported on this Form 1099-OID is greater than the interest income reported in Box 2 on this 1099-OID of 0.00. You must reduce the bond premium amount reported on this 1099-OID to the amount of the interest income, and report any excess on Schedule A (subjiect to any required limitations). " Does that mean I am supposed to enter 0 in box 10, even though my 1099-0ID has this amount as 9.18? And where on schedule A am I to report the "excess"?
If this is the proper thing to do, why doesn't TurboTax do this for me?
I am using TurboTax Deluxe.
Thanks!
