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Get your taxes done using TurboTax
@ rskoss wrote:
This doesn't work in TT 2018. When I enter the adjustment, TT tells me the interest cannot be previously reported because it is regular interest.
It's been a while since your post, but I'll leave this for anyone else who stumbles onto this old thread.
Savings Bond interest is entered in Box 3 of the 1099-INT. It sounds like you entered it in Box 1 by mistake. When correctly entered in Box 3, then on a subsequent screen it should allow it to be adjusted, if necessary.
‎July 10, 2022
11:35 PM