I've just had a bond redeemed early. The brokerage shows a loss
which, I assume, will be reported on the 1099 for 2016. Shouldn't
they have reported a $0 gain/loss because of amortization over the
years I held the bond? IIUC, amortization occurs from the time
I bought the bond until the call date so the premium I paid when
buying the bond was reduced each 6 months.
An additional question: Is the commission fee included in the
bond's cost basis which is reduced by amortization or can I declare
a loss of $9?
/BAH
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