Investors & landlords

The TurboTax professional was correct in telling you that you can make an adjustment for previously taxed US Savings Bond interest @Dizz14-WC.

Here's how:

1. Enter your interest in Box 3 on Let's get the info from your 1099-INT
2. Check I need to adjust the interest reported on my form on Do any of these uncommon situations apply?
3. On Tell us about your interest adjustment enter the adjustment amount and This saving bond interest was previously reported

Your tax form will indicate this to the IRS.