Treasury notes maturing---Bought at a discount

Gary R

I recently had several Treasury notes mature bought at a discount with coupons of 2.5%.

Fidelity download shows the total proceeds at face value. You have to manually adjust the difference between the proceeds and cost to enter the interest income for that Treasury note.

Tom Young

I'm not sure if this is a question or a simple statement of fact.

Assuming it is a question, delete the download, "buy" the note back for your discounted cost (no gain or loss) and record the leftover cash as interest income.

Gary R

It was not a question——but a stated fact

I simply adjust the "net proceeds" and make it my cost basis of the Treasury

Then I enter a new transaction with the interest income. The two numbers added together equal the total proceeds that Fidelity downloads.