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Level 2
March 16, 2025
Question

entry of market discount in capital gains

  • March 16, 2025
  • 1 reply
  • 4 views

When I entered sales of corporate bonds with accrued market discount the discount amount showed up on schedule B as interest income. 

In a subsequent return the sale of a treasury bond with accreud market discount  did not populate Sch B.

why this discrepancy?

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1 reply

Just-Lisa-Now-
Intuit Community Champion
March 16, 2025

where are you entering the accrued market discount?  On the secondary worksheet for a line on Sch B?  If you can provide more details I'll try to replicate to see if a solution can be found.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪