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?

423

Expert Alumni

Mar 18, 2020 8:25:27 PM

What form are you referring to from your broker please?

New Member

Mar 19, 2020 7:10:57 AM

The monthly brokerage statements.

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OID and cost basis for the amortization