Okay, thank you. So for the interim principal payments I received, I should report a cost basis equal to the principal amount in order to cancel out any tax owe...
Thank you George,I guess my confusion is that the FMV of the bond will have likely changed at the point of each principal payment. So say the FMV of the total b...
Thank you so much for your response. So as a practical example, the FMV of 3000 shares of a Freddie Mac bond was $220.17 on the date of death. There were princi...
