So I did talk with TIAA. They claimed that the IRS made them do it. And what they claim the IRS made them do is... book the annual OID based on their US CD rate...
Definitely not a typical CD. The one in the article is similar to what I had, but mine invested in 4 foreign currencies. This is my second CD like this. The fir...
Thanks so much for confirming my understanding. I agree something has been wrong.I paid $12.0 for the cd and received $12.0 at maturity with the 1099-OID amount...
I did talk to TIAA, and they also sent a letter. They aren't sending a 1099 in the year itreached maturity (2021), and there is no gain, or loss.But TIAA provid...
I have this same issue as bobowobo. I need to claim a tax deduction for the OID accrued & claimed in prior years, but never paid by TIAA upon maturity. How they...
