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Where do i enter line 11 Bond premium in lacerte?

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Level 1
last updated ‎December 07, 2019 10:15 AM
 
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Level 15
last updated ‎December 07, 2019 10:15 AM

(a) determine whether the bond is taxable or tax free. Which bond is it?

(b) determine if the broker has taken into account this premium in regards to the basis of the bond.Essential it is an adjustment to the cost of bond for it's higher interest rate.  


ex-AllStar

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Highlighted
Level 15
last updated ‎December 07, 2019 10:15 AM

(a) determine whether the bond is taxable or tax free. Which bond is it?

(b) determine if the broker has taken into account this premium in regards to the basis of the bond.Essential it is an adjustment to the cost of bond for it's higher interest rate.  


ex-AllStar

View solution in original post

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