Mike_TT_User58
Returning Member

Investors & landlords

This is probably the best post.  Your brokerage may send you a consolidated 1099-INT.  But you will need to split into separate 1099-INT entries in turbotax for each bond.

Create a 1099-INT for each tax-exempt bond.   Enter the Tax-Exempt interest in Box 8 and the Bond Premium in Box 13.

For each taxable bond, create a 1099-INT.  Enter the interest in box 1 and the Bond Premium in Box 11.  Note that taxable bonds don't have to be amortized, but tax-exempt ones do.