OID

[PatE]

Since 1099-INT and 1099-OID use the same worksheet (sad that ATX can't have separate work sheets) where do enter OID Acquisition Premium (Box 6) on the 1099-INT?  

[Margaret CPA in OH]

At the top of the 1099-INT data entry screen, see the third line - To enter 1099-OID entries, refer to the following Knowledge Base document KB Doc 000062651.  Click on the link - Box 6 - Acquisition premium see the instructions on Form 1099-OID and IRS Pub. 550.  I did not look at the instructions on Form 1099-OID or IRS Pub. 550 but you might wish to do so.  That information may help you.

[Abby Normal]

3 hours ago, PatE said:

Since 1099-INT and 1099-OID use the same worksheet (sad that ATX can't have separate work sheets) where do enter OID Acquisition Premium (Box 6) on the 1099-INT?  

Box 1 adjustments. Code O.