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New Member
posted Jun 6, 2019 12:44:51 AM

Where do I report Bond Premium Amortization of tax exempt bonds.

Non-Covered fixed income holdings(Tax exempt state bonds) reported a bond premium amortizations on a supplemental information schedule of my 1099. Where do I report this and also the acquisition premium amortization?

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1 Replies
New Member
Jun 6, 2019 12:44:53 AM

You don't report it explicitly.  You can deduct it from the tax-exempt interest you report.