Greta
Level 9
12-03-2024
08:15 AM
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Elderly client has a capital gains loss that will outlive him. He wants to buy discounted US Treasuries. Will they report the discounted part as a Sch D gain that will whittle down his carryover loss?
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Norman2001
Level 7
12-03-2024
09:38 AM
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OIDs pay interest, Sch B
