Tax implication of buying bond above par?

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Asked on November 8, 2022 11:20 am
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Assuming you have this in a taxable account, if you purchase a bond above par value, you will have a capital loss at maturity.

For example, lets take two bonds. One is $95 the other is $105, par value is $100.

At maturity, the $95 bond would give you a $5 capital gain. The $105 bond would give you a capital loss.

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Posted by Dan Kent
Answered on November 9, 2022 1:16 pm