Bond Premium on Treasury Obligations

Forum|Forum|1 year ago
March 6, 2025
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In TurboTax Business Download: In order to enter the amount reported in 1099-INT Box 12 (Bond Premium on Treasury Obligations), TurboTax instructs me to add a separate 1099-INT and enter the amount as a negative number, it does not specify which box to enter it in. Should I enter it in Box 3? Thank you.

TurboTax Business Windows

Best answer by RobertB4444

Yes, since it is on treasury obligations enter it into box 3 so the overall total for box 3 will be modified.

@aviaasus

RobertB4444Answer

Yes, since it is on treasury obligations enter it into box 3 so the overall total for box 3 will be modified.

@aviaasus

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aviaasusAuthor

Thank you!

Should I enter something like "Bond Premium on Treasury Obligation" as the Payer? I see no other way to label this entry for clarity.

DawnC

Employee

Yes, that is a good idea! You can enter your description in the payer field for clarity. It will be easier to find if you need to edit anything later, too.

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