Form B loss Gain

[dakya27]

My US Discounted Treasury Nt investment matured in 2024. Form B from brokerage an $3300 amount in loss/gain.

I imported documents into Turbotax from my Brokerage. 

turbotax shows correctly the discounted purchase and the gross amount after maturing of Treasury which is  a gain but when all done turbotax shows gain/loss  as Zero

although in the form B workout form/sheets turbotax shows 

gain /loss $3300 and in next column of adjustment amount shows -3300 ( negative)

i am not an expert 

[baldietax]

the discount on the Treasury Note that you get paid at maturity as "Accrued Market Discount" is taxed as ordinary income; it will show as a gain on your 1099-B with an adjustment in Box 1f for that amount, which zeros out the gain/loss, and you should see this amount being flipped over to your Schedule B as ordinary income.

[dakya27]

Thanks for your explanation makes sense. 

As an inexperienced tax filer I wanted to make sure that gain is reported and included in my earnings 

So now I can proceed with Turbotax filing

Syed