I decided to buy 8 WMT 6s of 12 on March 15h (15 days after the March 1s semi-annual payment) and sold them on October 7
Posted: Thu Apr 28, 2022 1:55 pm
I decided to buy 8 WMT 6s of 12 on March 15h (15 days after the March 1s semi-annual payment) and sold them on October 7th (38 days after the September 1" semi-annual payment). How much interest must I report to the IRS for holding the bonds? A. $240.00 B. $270.24 C. $309.70 D. $49.97 E. $209.76 F. $19.73