rcsaal
Returning Member

Investors & landlords

Thank you DianeW777:

Really appreciate your prompt response and yes, when I updated the Savings Bond interest entries as you suggested, Problem Solved - no error in the Federal Review!

As stated in my original post, I had been reporting the increased value of the savings bond inherited from my mother as interest each year since she died. So that is why I checked the ‘This savings bond interest was previously reported’ reason for the adjustment.  But now, to avoid the Smart Check error, I will instead check the ‘My accrued interest is included in this Form 1099-INT’ box (defined in the ‘Learn More’ box link as “…part of the interest payment you are reporting actually went to someone else…”).

Perhaps a future Premier program update should simply consider combining (with your reason) or deleting ‘This savings bond interest was previously reported’ as a check-marked adjustment if, as noted in the error message: ‘…the program does not support this kind of adjustment to Special handling interest’.