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1099-OID $30.87 in boxes 5, 6, and 11. Enter into TurboTax results in $0 and “needs review”. Review gives change?

I'm sure I've entered all the form info, but still see Needs Review and reviewing gives no different.
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2 Replies
AmyC
Employee Tax Expert

1099-OID $30.87 in boxes 5, 6, and 11. Enter into TurboTax results in $0 and “needs review”. Review gives change?

If you imported the form, delete it and type it in manually. Boxes 5 and 11 combine to equal zero taxable income. The program does want to double check that is right. It is also checking for state adjustments - which should not be -for zero taxable income. Be sure you don't have multiple states selected for no income.

 

If you typed it in manually, you need to:

Online version:

  1. Delete the form, see How to Delete  
  2. Log out of your return and try one or more of the following:
    • Don't use Internet Explorer.
    • Clear cache and cookies,
    • Sign in using a different browser.
    • Sign in using a different device.
  3. Log back into your return.
    • Enter the information again. 

Desktop version: 

  1. Delete the form
  2. Save your return while closing the program.
  3. Update the program
  4. Open
  5. Enter the information again.

If this doesn't work, tell us the exact review error and what it shows you - form, lines, all you can tell us to help you.

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1099-OID $30.87 in boxes 5, 6, and 11. Enter into TurboTax results in $0 and “needs review”. Review gives change?

Hi,

Thanks for your reply... sorry for my tardiness.

I am manually entering my data into Desktop version of 2025 Turbotax, and erred in my question, I have nothing in 1099-OID Box 5.

My 1099-OID has a $ amount in Box 11- Tax-exempt OID, and the same $ amount in Box 6- Acquisition premium. Turbotax puts the same $ amount into the space, Total Tax-Exempt interest.

 

I assume that's all that's needed as Turbotax is now showing $0 for 1099-OID Summary.

 

Thanks again!

John

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