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erkeifer
New Member

where do I enter the amounts from a 1099-OID?

 
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2 Replies
rjs
Level 15
Level 15

where do I enter the amounts from a 1099-OID?

Go to Federal Taxes > Wages & Income. On the screen "Your 2024 Income Summary," scroll down to the Interest and Dividends section. Click the Start button for "1099-OID, Foreign Accounts."

 

LindaS5247
Expert Alumni

where do I enter the amounts from a 1099-OID?

You will enter your Form 1099-OID in the Wages & Income section in TurboTax as rjs states above. 

 

You can get to the section in TurboTax to enter your Form 1099-OID as follows:

 

  1. Click on the Search Icon at the top right of your screen.
  2. Type the following exactly like this in the search box: "1099-oid original issue discount"
  3. Click the link "Jump to 1099-oid original issue discount"
  4. Your screen will say "Miscellaneous Investment Income"
  5. Check the box "Form 1099-OID for original issue discount income"
  6. Next screen will say, "Any OID 2024?" click on Yes"
  7. On the next screen "Original Issue Discount"
  8. Here you will enter your 1099-OID information.
  9. Follow the screen and answer any follow-up questions pertaining to your Form 1099-OID

 

 

Your screen will look something like this:

 

Click on "Search" and type "1099-oid original issue discount" in the search box:

 

 

Check the box for Form 1099-OID:

 

 

Enter your Form 1099-OID information here:

 

 

Click here for "Where do I enter Form 1099-OID?"


 

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