topic Re: ABP adjustment in Get your taxes done using TurboTax

ABP adjustment

Yianni52 — Mon, 09 Mar 2026 15:03:47 GMT

I entered $548.58 from box 11 yet TurboTax has made an adjustment for $1,536.59. How do I reconcile?

JohnB5677 — Sun, 03 Apr 2022 17:03:36 GMT

Please clarify what form you are posting, and where do you see the adjustment occurring?

Yianni52 — Sun, 03 Apr 2022 17:10:15 GMT

I posted the Bond Premium from box 11 of my 1099 and the TT adjustment is a deduct from interedt income on schedule B

JulieS — Wed, 06 Apr 2022 16:49:22 GMT

The first step would be to review your 1099-DIV entries to make sure the correct number was entered and that you don't have duplicated entries.

Open your return and select Federal on the left side menu.
Select Wages and Income toward the upper left.
Scroll down, or expand the list and find Interest and Dividends.
Expand that section and find Dividends on 1099-DIV.
Click on Add/ Edit to the right.
The first screen will show all of the entries for Form 1099-DIV. Check for duplications and incomplete forms before moving on. If you spot a duplicate, delete it, if something looks off, edit the form.
If everything looks okay, start at the top of the list and review the box 11 entry for each 1099-DIV that you have. Make any corrections needed.

If you still have a difference, it may have come from a K-1.