Tax exempt interest listed on form 1040 does not agree with that listed on Form-1099
For tax year 2023, with TurboTax Premier, the tax-exempt interest reported on form 1040-line 2a does not agree with that listed on Form-1099 INT box 8?
For tax year 2023, with TurboTax Premier, the tax-exempt interest reported on form 1040-line 2a does not agree with that listed on Form-1099 INT box 8?
Would this difference have anything to do with a bond premium on tax exempt bond?
The bond premium on tax exempt bonds entered in box 13 on your Form 1099-INT does reduce the amount listed in box 2(a) on your Form 1040.
[Edited 2/20/24 at 3:59PM PST] @Chetty
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