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1099-OID Security purchased prior to January 1, 2017
I received a 1099-OID where box 11 is blank, but next to box 11 is a column "Tax Exempt Original Issue Discount" with a dollar amount. In the footnotes, it states this security was purchased before January 1, 2017 and the dollar amount is not being reported to the IRS. I have the same situation for Box 6 Acquisition Premium. Does this mean I do not need to report these numbers anywhere on my tax return?
‎February 28, 2021
1:52 PM