turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

kowski24
New Member

Noncovered Bond Adjustments? Where do I put this on my tax form and what does it mean?

Looking at my 1099-INT tax document, I have a section that lists "Noncovered Bond Adjustments" on the left column, then the $ amount. Above that amount, it is also called "Noncovered Bond Premium." What do these terms mean, and which box do I put that information in? 

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
DaveF1006
Expert Alumni

Noncovered Bond Adjustments? Where do I put this on my tax form and what does it mean?

Yes, this is taxable. This should be reported in Box 11 of your 1099 INT.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies