taxxman02
Level 3
07-13-2020
12:37 PM
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Taxpayer received 1099-B showing accrued interest when they purchased bonds in Nov. I entered the bond name's on the interest smartsheet, opened page two entered A to make the adjustment but I am getting an error because they didn't receive an interest payment yet. How is the proper way to make this adjustment for the correct bond, I can make it work by putting the adjustment on another bond that paid interest for the year but I feel this isn't correct. Thank you in advance.
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