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February 20, 2024
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A previous post said to enter bond premium on tax exempt bond on line 13 of Form 1099-INT and "accrued interest paid" on the follow up page. What follow-up page?

  • February 20, 2024
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    Best answer by mglauner

    After entering your 1099-INT, Continue to 'Tell Us if any of these Uncommon Situations Apply' (might be a couple screens in).

     

    Choose 'we need to adjust the taxable amount'.  On the next page titled, 'Report Interest Adjustment', you can enter an interest adjustment.

     

     

     

     

     

    1 reply

    mglaunerAnswer
    February 20, 2024

    After entering your 1099-INT, Continue to 'Tell Us if any of these Uncommon Situations Apply' (might be a couple screens in).

     

    Choose 'we need to adjust the taxable amount'.  On the next page titled, 'Report Interest Adjustment', you can enter an interest adjustment.