Solved: Accrued Market Discount vs. Adjusted Bond Premium
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
JoyceG
Level 2

Accrued Market Discount vs. Adjusted Bond Premium

Reporting a sold bond, download from broker. As I edit, this sold bond has a bond premium, yet the software goes to the next form with only the choice of Accrued Market Discount. My 1099, box 1F, does not have Accrued Market discount for this bond, but has it listed with Bond Premiums for 2019.

 

Joyce G

1 Best answer

Accepted Solutions
MarilynG1
Expert Alumni

Accrued Market Discount vs. Adjusted Bond Premium

Click this link for info on Reporting Bond Premiums. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

2 Replies
MarilynG1
Expert Alumni

Accrued Market Discount vs. Adjusted Bond Premium

Click this link for info on Reporting Bond Premiums. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

JoyceG
Level 2

Accrued Market Discount vs. Adjusted Bond Premium

Thank you, this is great background information.  Since either the download or the editor (me) may have had some errors, I think I will have delete the download and go over the bond sales carefully. Their are several Box 1F entries that TT is prompting me to make when it is a bond with a bond premium and not 1F, a Market Discount. I'll try again.

 

Thank you!

Joyce G

Dynamic AdsDynamic Ads
v
Privacy Settings