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Should I list non-covered tax exempt OID interest on my tax return?

My brokerage firm lists covered OID TAX EXEMPT INTEREST and acquisition premium on the summary page, but lists non-covered tax exempt OID and bond premium in the supplemental pages which are not reported to the IRS.  Do I list both on my tax returns?

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1 Reply
taxpayer8
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Should I list non-covered tax exempt OID interest on my tax return?

Yes, list both.  You should report what has happened with your bonds whether your brokerage also reports it or not.

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