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?
You'll need to sign in or create an account to connect with an expert.
What form are you referring to from your broker please?
The monthly brokerage statements.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Moonlight
Level 2
torrescharfauros
New Member
kritter-k
Level 3
taxbadlo
Level 1
mjlresources
New Member