There is an amount in Line 2. And it is greater than the amount of the bond premium. I'm trying to enter the premium in Line 10 which then gives me a red box there. If instead I attempt to enter it below that as an adjustment (as bond premium) it gives me a red box there. However, I just noticed that if I enter the value in Line 10 AND ALSO as an adjustment, the adjustment box is normal but Line 10 is still red. I believe I should just be able to enter the value in Line 10. Not sure what TT is looking for.
if it's the same bond how do you have OID and bond premium? if this is a 1099 from a broker and represents multiple bonds use 1099-INT.
There are two bonds, both are OID. The premium is only for one.