Bond premium amortization
If I buy a bond at a premium, that premium is amortized over the life of the bond. The amortization reduces the tax basis of the bond and it offsets the coupon payments in calculating taxable income. I can't see any easy way to record the amortization in MoneyDance since it is a noncash item. Any suggestions for how to handle this?
Thanks for your help.
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System closed this discussion on 22 Jul, 2019 03:30 PM.