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Forgot to saay thank you for the very helpful link.
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That is the way I have alwayys seen thiese bonds treated with a Sch D transaction on the worksheet and then an interest income entry. These would end up with th...
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No, an investot. These are accrued market discount on bonds so there is isially a capital loss and ithenordinary income.The only logical result I can see is par...
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Whhere in ProSeries do you enter Coveredd Securities Transactions: Ordinary? Same 1099 has the usual Short Ter Covered and Long Term Covered but this "Ordinary"...
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I thought I was the only one!!! Came to complain and you all beat me to it!