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Deductions & credits
OK, this raises a related question. I have a 1099-OID. Box 1 is $24.26. Box 6 is $24.26. TurboTax correctly reported the amount in Box 1 as interest income. The amount in Box 6 offsets the OID income in some fashion. Can I just keep it simple and report the amount in Box 6 as an itemized deduction?
‎February 26, 2023
8:25 PM