Two scenarios:
1) taxable bond
2) tax-exempt bond subject to Accrued Market Discount taxation
any market discount, i.e. the discount in excess of the OID, is subject taxation as ordinary income at maturity. The accrued portion is taxed if the bond is sold prior to maturity. If the market discount is "de minimus" defined as less than 1/4 point per integer number of years to maturity, the accrued discount is treated as a capital gain.
Two scenarios: 1) taxable bond 2) tax-exempt bond subject to Accrued Market Discount taxation
BondBase class variables:
Settings variables: