pk
Level 15
Level 15

Deductions & credits

@chag2020 , I followed your entry method per your reply ( rather than my preferred method of  " I will choose what I work on " ) and the software behaved exactly as expected -- Only name of the payor and the Box-1 interest amount required.

Generally US  treats  all interest income the same way ( unless  tax treaty  calls out  any restrictions etc. ) -- domestic or foreign.

 For the interest income I used a name like Bancomer and a dummy amount of US$300.

Who is the payor of your interest income -- is it from a normal financial  firm or as part of your  OID  for shares ?

 Why did you go to  1099-OID and foreign account ?  Did you actually have a 1099-OID to recognize ?

I do not see the issue you are reporting -- please help me duplicate the situation , so it can be resolved  or reported .  If you are uncomfortable sharing data her you can PM me  ( just NO PII -- Person ally Identifiable Information )

 

pk