The link posted above goes to another thread, where the only answer so far suggests the IRS won't mind you waiving whatever deduction you might be entitled to for bond premiums paid ???
I have the same issue, also on a 1099-OID issued by Charles Schwab (coincidence?).
The bond is a muni bond, and there was no interest reported in box 2 (the form didn't even have a box 2). The bond did, of course, earn interest, although not taxable.
