RobertB4444
Expert Alumni

Get your taxes done using TurboTax

An original issue discount is the difference between the value that was originally purchased and the value at maturity.  For instance if you purchase a bond for $90 that will be worth $100 at maturity the OID is ten bucks.

 

Your case sounds super weird.  And out of our scope here.  I have no idea why an instrument that is worth less now than when you purchased it would generate an OID of that size.  You might want to speak to a professional in your area and have them review this investment.

 

@Bp15 

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