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I don’t understand the form 1099 OID for my exempt income . Thanks
On the review before filing it asks for 1099 OID info on a worksheet where do I get the info to put in worksheet and do I have to do it for every tax free bond I own?
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I don’t understand the form 1099 OID for my exempt income . Thanks
OID Interest would be shown on your 1099B statement that you get from your investments. Some 1099B do not have this OID. OID usually show up in a separate category underneath Dividends and Sales of Stocks. It could be on the 2 or 3 page of your 1099B.
You do not have to do this for every tax free bond that you own. Just the total as shown on your statement under OID category.