If you are done with the bond... for SAVINGS bonds, what I (was told to)
do is:
(assume: buy $100 bond for $75 , eventually worth $100+ ( if kept PAST
maturity))

I post the buy for $75. I update price in Portfolio view as time goes
by.
Whenever I sell it , I register interest income for the difference and
sell it for $75.
So no losss/no gain - just interest income. Come tax time I have to KNOW
that it's not a capital gain/loss sale (sched D) and merely interest
(sched B).



"Christian" <Christian[at]discussions.microsoft.com> wrote in message
news:0746A3F3-B97A-40F1-B90A-52DC8622A735[at]microsoft.com...
- quote -

In microsoft.public.money, Dick Watson wrote:

- quote -

Many are publicly traded and have symbols, so they would be easy.
For an S corp, I guess an accountant would be necessary.


- quote -

So how do you value the security in these cases?

"Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
news:nkivn3hbl977adk6n606cnmmgnau7f118c[at]4ax.com...
- quote -

In microsoft.public.money, Dick Watson wrote:

- quote -

That piece of paper (not a bond) can still pay you distributions.
You can sell it for a non-zero amount. MLPs (and I think maybe
S-corps) work this way in that you can have at least some of the
distributions that reduce basis (as low but no lower than zero) but
are not taxable.


- quote -

Yah. So, when the basis goes to $0 because they sent you your money back but
you still have the piece of paper, what's that? (I think this is more or
less the OPs case.)

"Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
news:0uavn3pd5db2a2phk70ogcnkt474d66kcu[at]4ax.com...
- quote -

In microsoft.public.money, Dick Watson wrote:

- quote -

Return of capital is for when the basis goes down as they return
cash, but you still own the security.

A straight Sell works too. Of course that brings to mind the question: why
is there, then, the Return of Capital activity in the first place?

It is always helpful to mention what you've already tried...

What I have done in the past is Return of Capital followed by Sell for $0.

"Christian" <Christian[at]discussions.microsoft.com> wrote in message
news:0746A3F3-B97A-40F1-B90A-52DC8622A735[at]microsoft.com...
- quote -

In microsoft.public.money, Christian wrote:

- quote -

You did a Buy of a bond originally, and you later did a Sell of the
same "Quantity" (the face value) of the same bond. I would then
expect you to have zero remaining.

In microsoft.public.money, Christian wrote:

- quote -

Enter a Sell.

Thanks. I have tried this but it does not work. It adds the capital to my
cash account but the bond value and quantity is still remains - ? Suddenly I
just got much richer....
--
Cheers.
Christian


"Dick Watson" wrote:

- quote -

There is a Return of Capital investment activity...

"Christian" <Christian[at]discussions.microsoft.com> wrote in message
news:75CA3A95-DB74-447D-9C66-E618DA9E53C9[at]microsoft.com...
- quote -

I have a bond investment that matured on Jan 1 2008. The principal amount has
now been returned to my bank account. How do I record this in my investment
transactions?
--
Cheers.
Christian