Accretion of Bond Discount on Sale
Dealing with taxable bonds. I follow the usual way to deal with accounting for this issue, which is to enter a negative return of capital and interest income prior to the sale of the bond. Quicken makes the adjustment for investment purposes (i.e., the adjustment affects the basis showing on the "Investing" screen) but does not affect the calculation on the gain or loss from sale. Has anyone else had this problem? Thanks.
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