peterhawaii
Level 3
12-07-2019
12:44 AM
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I do no understand what is in community about accrued market discount.
On Form 1099 B: Sales, Basis and Accrued market discount given.
I read with accrued market discount you report accrued market discount as interest income and reduce capital gain. In the cost basis section I take the basis reported and add the accrued market discount.
If I do this, then I am not double reporting the accrued market discount.
Am I correct in what I doing.
Solved! Go to Solution.
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