Calculate cost basis treasury strip
Tax on US Treasury STRIPS
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Treasury bond STRIPS are a widely available form of zero coupon bonds. With a sold STRIP, compare your tax basis calculation with the numbers provided.
Description:Your accountant no doubt can carry out this calculation, however he or she will charge you. The legislation was designed to start recapturing tax revenue, estimated by the Government Accountability Office to be worth billions of dollars each year, that was being lost because of incorrect cost basis information. As of April 19, , its remaining stripped components had the following cash flows: If claims could be issued against this T-note, the desired 2. The IRS will already know as they will back into your results while verifying your calculations.