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New Member
posted Jun 1, 2019 8:47:12 AM

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

Box 1 and Box 2 have amounts in them

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1 Best answer
New Member
Jun 1, 2019 8:47:15 AM

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.

1 Replies
New Member
Jun 1, 2019 8:47:15 AM

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.