chrisg0621
Returning Member

Get your taxes done using TurboTax

Thank you VolvoGirl. The accrued interest is reported on a 1099-B and therefore is entered in the Stock, Mutual Fund, Bond section of TurboTax, with the interest entered as an "adjustment". The gain is not shown as a long-term capital gain but instead is posted as ordinary interest on the 1040.  Thanks for your help. Chris