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Do I report 1099-OID income if I paid a premium for a bond? I received a statement from my broker

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Anita01
New Member

Do I report 1099-OID income if I paid a premium for a bond? I received a statement from my broker

Yes, you do.  Enter the form under Federal Taxes, Wages and Income,  Interest and Dividends, 1099-OID.  You may see a Choose What I work on option on a screen.  Choose that if you see it.

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Anita01
New Member

Do I report 1099-OID income if I paid a premium for a bond? I received a statement from my broker

Yes, you do.  Enter the form under Federal Taxes, Wages and Income,  Interest and Dividends, 1099-OID.  You may see a Choose What I work on option on a screen.  Choose that if you see it.

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