Capital Gains Tax Treatment of Bonds

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Subject Author Date Capital Gains Tax Treatment of Bonds pixel_a_ted 03-15-2009   Re: Capital Gains Tax Treatment of Bonds Steve Pope 03-15-2009
Posted by pixel_a_ted on March 15, 2009, 10:39 pm Please log in for more thread options Can someone provide a link to a relatively simple, straightforward discussion of the capital gains tax treatment of bonds. Everything that I have found so far is full of accounting/taxation jargon which is assumed on the reader's part. I'd like to understand things such as if there is a difference in tax treatment depending on whether or not you hold the bond to maturity. Also, are CD's purchased in the secondary market treated the same as taxable bonds, as far as capital gains is concerned? Thanks. -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Posted by Steve Pope on March 15, 2009, 11:17 pm Please log in for more thread options >Can someone provide a link to a relatively simple, straightforward >discussion of the capital gains tax treatment of bonds. Everything >that I have found so far is full of accounting/taxation jargon which >is assumed on the reader's part. I'd like to understand things such as >if there is a difference in tax treatment depending on whether or not >you hold the bond to maturity. Also, are CD's purchased in the >secondary market treated the same as taxable bonds, as far as capital >gains is concerned? Pub 550 is the best document there is. Unfortunately it is very detailed, dry, technical reading but there is no real way around this. Steve -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Similar Threads Posted Treatment of long-term capital gains for a C corporation December 8, 2006, 2:45 am Questions re treatment of long term capital gains on home sale July 19, 2008, 1:47 pm Short Term Capital Gains and Long Term Capital Losses January 13, 2007, 2:12 am Capital Gains October 30, 2007, 11:47 pm Capital Gains=0 January 18, 2008, 7:37 pm Capital Gains October 7, 2008, 6:10 pm Capital gains - just want to be sure i have it right January 8, 2009, 10:40 pm Capital Gains February 3, 2009, 9:11 pm Alt Min Tax from Capital Gains March 15, 2009, 1:43 pm Capital gains - Now or later October 28, 2009, 10:34 am