Form 1099-OID – Entering in Program
To report Form 1099-OID, follow the steps below.
Online
Dashboard
- From within your TaxAct return, click Income.
- On smaller devices, click the menu at the top left corner of your screen, then make your selection.
- Click the Explore More drop-down.
- Click Add beside Original Issue Discount.
- Complete the rest of the interview process.
Classic
- From within your TaxAct return, click Federal.
- On smaller devices, click the menu at the top left corner of your screen, then make your selection.
- Click the Investment Income drop-down, then click Original Issue Discount interest (Form 1099-OID).
- Complete the rest of the interview process.
Desktop
- From within your TaxAct return, click Federal.
- Click the Investment Income drop-down, then click Original Issue Discount interest (Form 1099-OID).
- Complete the rest of the interview process.