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February 15, 2024
Question

Accrued market discount on treasury note

  • February 15, 2024
  • 1 reply
  • 0 views

EMade entry for treasury note maturity,  indicated adjustment to total cost basis. and entered amount shown on 1099-B.  Selected code "d", although it is marked as "f" on 1099-B. On summary page, the gain is different than on 1099-B.  The accrued market discount amount was added to my gain,  Is this correct?  Shold it have appeared as interest?

    1 reply

    CatinaT1
    February 21, 2024

    Were you able to get your question answered? You should not change any of the codes that on your form. Your form is also sent to the IRS, so they will look for what you have to match what they received.

     

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