GodFather
Level 8
04-13-2022
07:36 PM
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I've researched this topic but have not found a definitive answer. I have two 1099 OID forms. Both forms only reflect an amount in Box 1. No other box on either form has an amount. Is the amount in Box 1 treated as interest income on Schedule B?
Labels
Level 15
04-13-2022
08:04 PM
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yes If you look at Sch B, Box 1 says Interest or OID.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
GodFather
Level 8
04-14-2022
04:39 AM
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Thank you, Lisa.