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New Member
posted Aug 21, 2023 6:06:01 PM

I have over $2000 recorded for a 1099-OID from downloading transactions. I have no forms to identify this source. How do I track this amount to the original source?

0 3 1008
3 Replies
Level 15
Aug 21, 2023 8:51:07 PM

If it's recorded it came from a form and that form is  now in the tax return you are working on.

Look for the "Payer" to identify the source.

Hint: it's one of the financial institution from which you did a download.

 

@jennyandroman 

New Member
Aug 26, 2023 1:32:52 PM

Thank you for your reply, but it didn't resolve my issue. This s not a tax issue, it is a turbotax programming issue. The amount turbotax is reporting for form 1099-oid is not on any 1099 form I have received from the any "payer." My problem is I have no idea where turbotax got this amount. There is no transaction trail audit, that I can see. And turbotax will not allow me to delete the amount. And turbotax will not allow me to clear and start over. I have no idea what to do now except fill out my tax forms manually.

Level 15
Aug 27, 2023 8:26:57 AM

This TurboTax help article explains how to remove an unwanted 1099-OID:

Where do I enter Form 1099-OID? (intuit.com)