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Level 2
Feb 11, 2021 7:36 PM UTC
Solved

1099-OID 2020

The only figures on this form are on page 3 under "Non Treasury Original Issue Discount box 1 (Original Issue discount for the year).  Do I have to enter this on my taxes?

    PattiFAnswer
    Alumni - Intuit
    Feb 11, 2021 8:08 PM UTC

    Yes, you do have to enter this in your taxes. 

     

    In Personal Income

    • Under Interest and Dividends
    • Choose 1099-OID, Foreign Accounts, click Start
    • On the next page under Miscellaneous Investment Income, check Form 1099-OID and Continue
    • Any OID for 2020? Choose Yes
    • On the next page choose I'll type it in myself and Continue
    • Enter the information on the Original Issue Discount facsimile on the next page.
    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

    2 replies

    PattiFAnswer
    Alumni - Intuit
    Feb 11, 2021 8:08 PM UTC

    Yes, you do have to enter this in your taxes. 

     

    In Personal Income

    • Under Interest and Dividends
    • Choose 1099-OID, Foreign Accounts, click Start
    • On the next page under Miscellaneous Investment Income, check Form 1099-OID and Continue
    • Any OID for 2020? Choose Yes
    • On the next page choose I'll type it in myself and Continue
    • Enter the information on the Original Issue Discount facsimile on the next page.
    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
    MH108Author
    Level 2
    Feb 13, 2021 10:47 PM UTC

    Thank you for your quick response.