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    1099-OID

    Opfor77
    Level 4

    I understand the outcome of this, and I've done it a million times in Ultratax, but I cannot figure out the proper way to input this in Proseries.  The part giving me trouble is where exactly do I input box 6 (acquisition premium), and box 11 (tax-exempt OID)?  Thank you!

     

    IMG_8818.jpg

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    3 Comments 3
    Just-Lisa-Now-
    Level 15
    Level 15

    Double click on the Interest entry line and second worksheet opens for these kinds of things.


    ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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    Opfor77
    Level 4

    Yes, but I cannot figure out exactly where to enter it, and I don't know why.  

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    Just-Lisa-Now-
    Level 15
    Level 15

    Box 8 and 9 are right on the front entry screen.  The acquisition premium either goes on part D or E on the secondary worksheet.
    taxexemptint.png


    ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪