Because I never received the discount. The CD I bought wasn't the standard type, it was based on the Metal Market. If the metal prices went up, I would be paid a profit at maturity, but if metal prices stayed the same or went down I would not take a loss. For example: Buy a Market safe CD for $ 2000 that matures in 5 years and over the 5 year period report $ 250 in OID discount. Because the metal market does not go up, at CD maturity it is only worth the original price paid, $ 2,000.00. Therefore, the $250 OID discount reported was never received and I need to claim it.
