TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Cashed in a Bond

March 29, 2011

Today TaxMama hears from DD in the TaxQuips Forum, who’s bewildered. “His wife’s aunt gave her a municipal bond, which was just called. They were paid face value for the bond. But how do they figure out the basis?â€



Hi DD,

Good news! Figurin