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Level 2
February 11, 2021
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1099-OID 2020

  • February 11, 2021
  • 1 reply
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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?

    Best answer by PattiF

    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.

    1 reply

    PattiFAnswer
    Level 15
    February 11, 2021

    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.
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    MH108Author
    Level 2
    February 13, 2021

    Thank you for your quick response.