wimada
Level 3

Program will not allow a negative amount to be entered for such accrued interest paid to offset the 1099 -INT interest income amount entered on Sch. B. Review error results that precludes efiling.

 In order to adjust the original 1099 -Int interest income amount  for the related accrued treasury interest paid, enter on Sch 1, Line 8 Other Income line Line 12 other Taxable Income as a Negative amount.

No review error results; this adjustment nets out/adjusts the total taxable treasury interest received. Efiling final review is satisfied. 

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