Yes, unless you tell the brokerage that you have chosen to report an appropriate amount of the discount each tax year you own the Note.Discounted amount is 330 x 97.795 = $32,272.35
Thank you. So to clarify, the taxes at maturity on the discount would be $33,000 - $32,272.35 (discount value) and that is it correct?
Statistics: Posted by FactualFran — Sun Mar 03, 2024 3:36 pm — Replies 5 — Views 158