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    Discounted US Treasury bonds - will they be reported on both Sch B and D?

    Greta
    Level 9

    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

    OIDs pay interest, Sch B

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    1 Comment 1
    Norman2001
    Level 7

    OIDs pay interest, Sch B