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Level 1

Question

is structured notes treated as stock or bond?

1 reply
86 views

Is structured notes classified as bond or stock in Turbotax? Is its redemption at its maturity treated as ordinary gain/loss or capital gain/loss?

TurboTax Online

Level 13

Structured notes can consist of many different hybrid financial components, all designed to manage risk tolerance.

Since these type of investment vehicles are complex, I'm surprised you don't have a financial individual who can help you address the tax implications.

But in general, gains are considered to be ordinary income; ST capital gain.

Since these financial instruments are varied and complex, without understanding exactly what you have, the above generalization is the best I can do to help.

*A reminder that posts in a forum such as this do not constitute tax advice.Also keep in mind the date of replies, as tax law changes.