Turbotax asks for a value on line 1 of 1099-OID. The composite 1099 info from my investment company doesn't list line 1. Does someone understand what is being asked?

Please clarify the question.  Box 7 of the 1099-OID is a Description box.  Please give us the details of what it says.

I had TurboTax input information from my investment broker.  When I finished my return, TurboTax began its final review.  That review is asking me for information from form 1099  OID from my brokerage.  It asks: “ Form 1099-OID (Raymond James): Box 1, Box 2, Box 8, or Box 11 should have a value for Raymond James”

My consolidated statement from Raymond James includes info on 1099 DIV, 1099 MISC, and 1099 B.  The only reference I find to 1099 OID is in the notes.  It refers to box 7 which lists “tax lot identifier—cost and date acquired”.  There is no full 1099 OID form, and no information on Box 1 or any boxes other than box 7.

I don’t know what “value” is being requested, and i don’t have a form 1099-OID from Raymond James where I could find it.  

Thanks for trying to help.

You may have had a 1099-OID that carried over from last year.

Let's check and if necessary delete the Form.

1. On the menu bar on the left that shows.

   1. My Info

   2. Federal

   3. State

   4. Review

   5. File

2. Select Tax Tools

3. On the drop-down select Tools

4. On the Pop-Up menu select Delete a Form

5. This will give you all of the forms in your return

6. Scroll down to the form you want to delete

7. Select the Form  1099-OID

8. Click on Delete.

9. Always use extreme caution when deleting information from your tax return.  There could be unintended consequence