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how to report ordinary loss (not capital loss) on sale of a contingent debt instrument?
I bought a structural 7 years CD and was receiving OID for 7 years that was added to my income for each year.
This CD has matured with no gain. My tax statement shows "ordinary loss" in supplemental information part. How should I report it in my Turbo tax premier?
March 15, 2024
7:17 AM