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- Is accrued market discount on redemption of US Treasury notes taxable in Iowa?
Is accrued market discount on redemption of US Treasury notes taxable in Iowa?
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Tolly
Level 4
09-10-2024
03:10 PM
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Is the accrued market discount recognized for tax purposes on schedule B after showing an adjustment to the gain on the form 8949 tax exempt from Iowa as interest on US Treasury notes? If so how do I enter it on the Iowa return?
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