How do I enter accrued interest for Schedule B in a 1040 return using worksheet view in CCH® ProSystem fx® Tax and CCH Axcess™ Tax?

  1. Go to Income/Deductions > Interest.
    • In section 1 - Interest (Schedule B), click Detail.
      • Input lines 2-8 - Payer's name and address.
      • Line 4 - 1. Interest income, enter originating interest amount.
    • In section 3 - Special Interest.
      • Line 1 - Special Interest/Amount, enter accrued interest adjustment amount.
      • Line 2 - Special Interest/type, enter 5. (Double click this box to see all options.
  2. Calculate the return.
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