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Turbo Tax didn't generate the necessary Schedule B for cashed in US Savings bonds using the accural interest reporting method. How do I get a Schedule B?

According to Pub.550 for 2018, a Schedule B must be file if you received a Form 1099-INT for U.S. savings bond interest that includes amounts you reported in a previous tax year.  Turbo tax did not generate Schedule B even though when entering the information on turbo tax for the bond interest, I checked the box that some of the interest had been previously reported.

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3 Replies
Hal_Al
Level 15

Turbo Tax didn't generate the necessary Schedule B for cashed in US Savings bonds using the accural interest reporting method. How do I get a Schedule B?

Prior to checking that box, you were  asked to enter any adjustment amount. Your ”adjustment” is the amount of previously reported interest. You must enter an amount to generate Sch B


Turbo Tax didn't generate the necessary Schedule B for cashed in US Savings bonds using the accural interest reporting method. How do I get a Schedule B?

I did enter the adjustment amount and it did not generate a Sch B
Hal_Al
Level 15

Turbo Tax didn't generate the necessary Schedule B for cashed in US Savings bonds using the accural interest reporting method. How do I get a Schedule B?

Try deleting the 1099-Div and re-entering.  I tried it and it works for me.

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