joe the tax man Posted March 6, 2010 Report Posted March 6, 2010 Client has a 1099 OID (us treasury obligation) which has a negative amount in box 6. Anyone tell me where/how to enter this negative amount. thanks Quote
Lion EA Posted March 6, 2010 Report Posted March 6, 2010 My broker tells me the OID amount is already included in the boxes to report, but different brokers may handle it differently. And, if your client didn't own it from the inception.... See if instructions were included with the brokerage statements or on their web site. Otherwise, have your client ask his broker re his individual situation. Quote
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