About EEDacho

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Re: accrued US Treasuries discount handling on MI state tax

I have only unrelated adjustments, no related adjustments. So remains a mystery?

EEDacho

8

Updated Mar 25, 2024
Re: accrued US Treasuries discount handling on MI state tax

I have adjustments for other (non Treasury) bond income

EEDacho

10

Updated Mar 25, 2024
Re: accrued US Treasuries discount handling on MI state tax

FYI, I bought the Treasury Bond at a discount (face value = $10K). I paid $9995.70 for the bond plus $50.54 accrued interest.

EEDacho

1

Updated Mar 25, 2024
Re: accrued US Treasuries discount handling on MI state tax

Thanks for your response, however, Box 12 is "0" (no bond premium on treasury obligations).

EEDacho

14

Updated Mar 25, 2024
Re: accrued US Treasuries discount handling on MI state tax

I entered $107.50 of treasury note income in 1099-INT Box 3, but the corresponding entry on MI Schedule 1 Line 10 is reduced to $82. Why is the interest amount ...

EEDacho

16

Updated Mar 25, 2024

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Date Registered	‎March 27, 2022 11:19 AM
Date Last Visited	‎February 28, 2025 3:27 PM
Total Messages Posted	7

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