You'll need to sign in or create an account to connect with an expert.
You can try to remove both Form 1099-OID and 8938 from the program.
If you are using the online version, here are the steps:
Form 1099-OID is used to report original issue discount interest as part of income on your taxes. OID stands for "original issue discount". OID occurs when a bond is issued for a price less than its face value or principal amount.
If you live in the US and meet one of the following criteria, you would need to file a Form 8938.
For more information, click here: https://www.irs.gov/businesses/comparison-of-form-8938-and-fbar-requirements
If both of these forms do not apply to you, you do not report them.
I have the same problem. I am using the free version and have opened my return and do not see my account in the upper right. In the upper right have a bell, a magnifying glass, a question mark, and a person with a chat bubble and none of them lead to my account. When I am in Tax Home, my account is on the bottom of the page and it doesn't have a Tools option.
I'm not sure how to proceed.
Alright, I found the Tools, in the lower left of the free online version. Thing is, the form is not there to delete.
Check this:
Interest and Dividends>1099-OID, Foreign Accounts
Next screen says Miscellaneous Investment Income
Select none of the above
Select no for the next two screens.
If there was an entry made and a 1099 OID shows up in this section, delete it from the summary page.
See if this helps.
@theywantmymoneyfo
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Kat96y53g7
Level 1
BUSGhO55
New Member
EKrish
Level 2
kellyshawncofield
New Member
kaelyn1998
New Member