TTAX Business for 2023 1099-OID

[ilg10402021]

Will TTAX Business for 2023 be able to CORRECTLY handle Form 1099-OID?  I am not talking about a workaround.  I'm talking about being able to enter Form 1099-OID into an actual template on the screen.  Workaround is a joke and does not work properly, IMO.  Tried that last year.  Did not work for me.  Product needs to be updated for Form 1099-OID.  Take the code from regular TTAX and incorporate into TTAX Business.

[tagteam]

Will TTAX Business for 2023 be able to CORRECTLY handle Form 1099-OID?

No. The alternative is still the workaround; there is no 1099-OID template in TurboTax Business.

[Mike9241]

I don't know TTB but some of the issues I read about also occur in TT for 1040. what I do is one 1099_int for taxable and a second for tax-exempt. for tax-exempt I do my own netting and use only box 8

[ilg10402021]

I will use TaxAct for my trust return for 2023.

[tagteam]

That program does have the 1099-OID template.

[ilg10402021]

Yes, it does.  Tried it last year.