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market discount

taxlady6
Level 2

Does anyone know where to enter Market Discount  off 1099B i see an accrued market disount adjustment but lowers the gain so not sure if that is right. Thanks for any advice you can give me.

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1 Comment 1
Karen_pdx
Level 3

Market discount does lower the gain on Sch D and shows it instead as interest income on Sch B. That is the correct treatment, so it sounds like you found the correct input.