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Author Topic:   multiple bond discounts
djlundell
Member 		posted 07-02-2002 12:37 PM     Click Here to See the Profile for djlundell   Click Here to Email djlundell     Edit/Delete Message
For tax purposes, there are two types of bond discount:
1. Original Issue discount ("OID"), &
2. Market Discount.
They are taxed differently, particularly when considerered in the context of municipal bonds. It would be nice if Asset & Liability Info had a place to record these differences, i.e., amount of OID & market discount at the time of purchase.
It would also be nice if Asset & Liability Info had a space for "Broker" & "Comments", to note all the myriad other situations that can present themselves with investment assets.
Thanks for your help.

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Douglas J. Lundell

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