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jmgreenjr
New Member

OID and cost basis for the amortization

I purchased an inflation index treasury on the open market and now recording OID interest on my tax return. My brokerage statement does not adjust the cost basis for the OID interest amortization. Can I increase the cost basis of my treasury for the amortization?

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2 Replies
ThomasM125
Expert Alumni

OID and cost basis for the amortization

What form are you referring to from your broker please?

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jmgreenjr
New Member

OID and cost basis for the amortization

The monthly brokerage statements.

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