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Get your taxes done using TurboTax
My market-linked CD was set up so that any gain would be paid as part of the redemption. Well, there was no gain. The redemption was just the exact original amount I paid. I paid taxes on OID during the life of the instrument. So, now, I'd like to use the solution in this thread, i.e. increase the basis on the "sale". But there's no 1099-B. Can I just enter all of this on my tax form(s) and not worry about getting a 1099-B?
‎February 28, 2021
6:19 PM