Let's address these individually.
- "D" for AMD on Form 8949: The "D" indicates that the security is a covered security with all necessary information reported to the IRS. If Box 1f shows $0.00, it suggests that no accrued market discount (AMD) was reported by TreasuryDirect. This could be intentional if the AMD was minimal or if TreasuryDirect did not calculate it.
- The TIPS cost basis adjustment for OID is standard, as OID reflects inflation adjustments to the principal. If there's a small difference between the adjusted cost basis and money made, it could result in a small gain or loss. This would usually be reported as a capital gain or loss.
- AMD is generally treated as ordinary income if it is reported. If you believe the $12 gain should be classified as AMD and reported as ordinary income, you could amend the Box 1f amounts and include it on Schedule B. However, this might not be necessary if the $0.00 in Box 1f is correct.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
