tagteam
Thank you, I agree and I am aware of that.
But that is not my question.
My question is about how to treat the difference between the purchase price and maturity value of coupon treasury notes and bonds bought on the secondary market and held to maturity (not about a gain on selling them). I assume it is considered to be interest and not capital gain and I assume the entire difference should be reported in the year of maturity.
I am looking for confirmation that both of those assumptions are correct or, if not, how it should be reported.
