Tax Facts

7632 / How are the proceeds taxed on the sale or redemption of Treasury notes and bonds?

On sale or redemption at maturity of Treasury notes and bonds, the proceeds must be separated into identifiable components for tax purposes.

(1) If the sale occurs between interest dates, as it generally does, the seller usually receives from the buyer an amount stated separately from the purchase price representing stated interest accrued to the date of sale, but not yet due. This is report...

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