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New Member
posted Feb 16, 2023 10:43:00 PM

In my review, it is asking me to fill in details for a 1099-OID from lending club. However, I did not receive one this year and have not uploaded one. How do I find it..?

I think what would make the most sense would be to go find what it is referencing and delete it. But I can't find it anywhere because it doesn't exist and I haven't uploaded it. There is no 1099-OID listed anywhere under my investments and savings.

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1 Best answer
Expert Alumni
Feb 17, 2023 12:43:06 PM

The section for Form 1099-OID is in Wages and Income
Scroll to Less Common Investments and Savings and click Show More
Then click on Start or Revisit for 1099-OID, Foreign Accounts 

 

If you do not see anything in that section, you should be able to delete any partial forms transferred from last year in  Delete Forms
  

  1. In the left menu, select Tax Tools
  2. Select Tools
  3. Select Delete a form
  4. Scroll to the Form 1099 -OID  and click Delete on the right
  5. Then scroll to the bottom and select Continue with my return

 

3 Replies
Expert Alumni
Feb 17, 2023 10:57:17 AM

Follow the instructions below to get to the section where the 1099-OID is entered. If you see an entry there, you can delete it.

 

  1. Sign into your TurboTax account
  2. Open or continue your return and then search for this exact phrase (we recommend you copy/paste from here): 1099-oid original issue discount
  3. Select the Jump to link from the results list

New Member
Feb 17, 2023 12:18:46 PM

Thank you, I saw that recommendation when I searched for 1099-OID previously. However, when I search (even using the exact phrase "1099-oid original issue discount"), there is no option to "Jump to link" in the results list. See screenshot:

Expert Alumni
Feb 17, 2023 12:43:06 PM

The section for Form 1099-OID is in Wages and Income
Scroll to Less Common Investments and Savings and click Show More
Then click on Start or Revisit for 1099-OID, Foreign Accounts 

 

If you do not see anything in that section, you should be able to delete any partial forms transferred from last year in  Delete Forms
  

  1. In the left menu, select Tax Tools
  2. Select Tools
  3. Select Delete a form
  4. Scroll to the Form 1099 -OID  and click Delete on the right
  5. Then scroll to the bottom and select Continue with my return