elks
Level 2

OID Interest

I had a CD linked to the performance of International Equity Indices (SP 500, Euro Stoxx and FTSE 100) that matured in 2019.  The 1099's through out the years reported OID interest that I reported as interest income every year.  This CD ended up making money and the 1099 that I received reported this as a capital gain.  However, none of the oid interest was deducted from the gain.  Is this correct?