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Original Issue Discount

The Original Issue Discount page summarizes original issue discount (OID) obligations for the selected account for the selected tax year.

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What is original issue discount?

OID is the difference between the stated redemption price at maturity (if greater than one year) and the issue price of the debt instrument (bond, debenture, note, etc.) issued at a discount, for example, a zero-coupon bond.

How is original issue discount reported to me?

OID amounts are reported to you on tax form 1099-OID, Original Issue Discount.

Can I use the tax information displayed on the Original Issue Discount page for tax preparation?

Tax reporting of OID obligations is complex. Consult your tax advisor or IRS Publication 1212, "List of Original Issue Discount Instruments," for specific reporting information.

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