Skip to main content
GodFather
Intuit Community Champion
April 14, 2022
Question

FORM OID - BOX 1

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?  

This topic has been closed for replies.

2 replies

Just-Lisa-Now-
Intuit Community Champion
April 14, 2022

yes  If you look at Sch B, Box 1 says Interest or OID.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
GodFather
GodFatherIntuit Community ChampionAuthor
Intuit Community Champion
April 14, 2022

Thank you, Lisa.