Answered: Where do i enter line 11 Bond premium in lacerte?

diazassoc · ‎12-07-2019

George4Tacks · ‎12-07-2019

(a) determine whether the bond is taxable or tax free. Which bond is it?

(b) determine if the broker has taken into account this premium in regards to the basis of the bond.Essential it is an adjustment to the cost of bond for it's higher interest rate.

Answers are easy. Questions are hard!

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George4Tacks · ‎12-07-2019

(a) determine whether the bond is taxable or tax free. Which bond is it?

(b) determine if the broker has taken into account this premium in regards to the basis of the bond.Essential it is an adjustment to the cost of bond for it's higher interest rate.

Answers are easy. Questions are hard!

Where do i enter line 11 Bond premium in lacerte?

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