Accrued Market Discount vs. Adjusted Bond Premium

[JoyceG]

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

[MarilynG1 · Accepted solution]

Click this link for info on Reporting Bond Premiums. 

[JoyceG]

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