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My 1099-B included principal repayment on GNMA bonds as undetermined term transactions for nonconvered tax lots and reported it as Proceeds. How to report this?
These are really principal repayments and not income - so I want to make sure they're not included as capital gains. What is the best way to handle this in TurboTax? Thank you!
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‎April 2, 2021
9:59 AM