bobowobo
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The problem is that TurboTax has access to the same information that I have, and we came up with different answers. I don't know which is right.
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Oops. Never mind. I see the accrued interest adjustment on my return. Thanks!
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This is for Charles Schwab. I entered the accrued interest per your instructions. On the Form 1099-INT worksheet for Schwab, the Adjustment to Interest section ...
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OK, this raises a related question. I have a 1099-OID. Box 1 is $24.26. Box 6 is $24.26. TurboTax correctly reported the amount in Box 1 as interest income. The...
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My market-linked CD was set up so that any gain would be paid as part of the redemption. Well, there was no gain. The redemption was just the exact original amo...
Activity Feed for bobowobo
- Posted Re: Income from US obligations for state tax return on State tax filing. February 25, 2025 11:20 AM
- Posted Re: Accrued Interest on Get your taxes done using TurboTax. February 25, 2025 8:29 AM
- Posted Re: Accrued Interest on Get your taxes done using TurboTax. February 25, 2025 8:14 AM
- Posted Income from US obligations for state tax return on State tax filing. February 24, 2025 7:16 PM
- Posted Accrued Interest on Get your taxes done using TurboTax. February 24, 2025 7:03 PM
- Posted Re: When 1099-OID bond premium exceeds the amount on line 2 (zero), and you have to reduce the bo... on Deductions & credits. February 26, 2023 8:25 PM
- Cheered Re: Is it right for TurboTax to automatically apply a Qualified Business Income Deduction even th... for AmyC. February 24, 2023 7:14 PM
- Posted When 1099-OID bond premium exceeds the amount on line 2 (zero), and you have to reduce the bond premium to zero, how do you enter the bond premium on Schedule A? on Deductions & credits. February 24, 2023 6:46 AM
- Posted Is it right for TurboTax to automatically apply a Qualified Business Income Deduction even though I haven't entered any self-employment income yet? on Get your taxes done using TurboTax. February 22, 2023 4:29 PM
- Got Cheered for Re: How do I adjust my OID interest income to account for the shortfall reported on my 1099? I had $750 OID accrued interest but a $416 shortfall. How to report on my 1040?. February 3, 2022 8:38 AM
- Posted Re: How do I adjust my OID interest income to account for the shortfall reported on my 1099? I had $750 OID accrued interest but a $416 shortfall. How to report on my 1040? on Get your taxes done using TurboTax. February 28, 2021 6:19 PM