My 1099-int lists a bond premium for a covered security in box 11, and I can match it with the security in the details that follow.
Within these pages of details they also list a bond premium for a noncovered security. Where in Turbo Tax, either in the interview or the forms mode, with which I'm comfortable, can this be entered? Am I correct that this is an offset to the interest I receive from this bond and that finding a spot for it would benefit me, however little?
There was an suggestion on the TTAX forum that this be entered deep down in the Schedule A for Other deductions, as an investment expense. This doesn't seem right.
- posted 5 years ago