Where do I put the basis for some hospital bonds that I sold?

[bob-horton]

The robo-answer is "on Schedule C" and that is not quite like saying "on the planet Earth" but it is close enough.

[AmyC]

Assuming this is a qualified hospital, revenue bond that you are not holding to maturity. Then you would be subject to capital gains tax and can file sch D.

1. Go to income section 
2. click on Add More Income
3. scroll down to Investment Income
4. Show more
5. Stocks, Mutual Funds, Bonds, Other
6. Start:  Continue answering the questions.
   1. Yes,
   2. 1099-B - no,
   3. one sale at a time and the boxes appear for your entries.

Is it a qualified hospital bond?

Instructions for Form 8038 - Internal Revenue Service states:

A qualified 501(c)(3) bond includes the following:

 • Qualified hospital bond that is part of an issue of which 95% or more of the net proceeds are to be used for a hospital.

• Qualified nonhospital bond that is other than a qualified hospital bond.

In general, an organization cannot have more than $150 million of qualified 501(c)(3) nonhospital bonds; see section 145(b). However, the limit does not apply to bonds issued after August 5, 1997, if 95% or more of the net proceeds of the issue are to be used solely for capital expenditures incurred after that date. Restrictions apply to the use of qualified 501(c)(3) bonds (both hospital and nonhospital) to provide residential rental housing.