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Investors & landlords
I figured out what works - I hope-. I first tried turbotaxes guide me path for the 1099b and entered the accrued interest so set the basis to amount of bond. But TT put the interest on schedule B as taxable . So I went back and entered the information for 1099 B myself and just put in the correct basis - also had to pick category so picked long term non covered. Then I went to schedule D and entered the interest in the OID section. This works and I hope it is an ok way to do it even though I have no 1099 OID.
May 31, 2019
4:56 PM