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FOCUSGuy
Level 3
February 14, 2026
Solved

Form 1099-INT Box 12 Bond Premium on Treas Obligations - Where to Enter?

  • February 14, 2026
  • 2 replies
  • 17 views

I am looking at a Form 1099-INT from the US Treasury (Treasury Direct).  

I have an amount in Box 12 - Bond Premium on Treasury Obligations.  

When I look at 'Interest Income Smartworksheet' and 'Schedule B - Additional Interest Information' I do not see an entry box to enter this amount.  

Best answer by Just-Lisa-Now-

I see the spot for it, when I double click on the interest entry line

2 replies

sjrcpa
Level 15
February 14, 2026

What do you think the federal and state tax effects should be?

Poke around with input until you get the correct result.

The more I know the more I don’t know.
Just-Lisa-Now-
Intuit Community Champion
February 14, 2026

I see the spot for it, when I double click on the interest entry line

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
FOCUSGuy
FOCUSGuyAuthor
Level 3
February 14, 2026

Thank you, Lisa!

And I see after doing that, I now see the 'ABP Adjustment' line in Schedule B created by ProSeries.  

Thanks again.  

 

 

Just-Lisa-Now-
Intuit Community Champion
February 14, 2026

Not sure why they cant give us line numbers for those, the 1041 has a numbered box for them.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪