In 1994, I purchased zero coupon municipal bonds. Over the years, tax free municipal bond interest has been imputed annually as the market value of the bonds increased.
These bonds matured in 2018 and my broker reported the maturation value on my 1099B. As a result, it appears that I sold securities for proceeds of $115K all at once.
TurboTax does not appear to be able to handle this. If I enter the original purchase price and the redemption price, I will incur a huge capital gain which is wrong on so many levels.
