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About Publication 1212, Guide to Original Issue Discount Form

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this video i'm going to answer this question how much annual interest income should you report to iis if you purchase a coupon funds at a discount so this is a example actually example is it from irs website is it from the publication publication 1212 so this is a link i'm going to link this link at the description of this video so uh this example say on january 1st of the year 1 you bought a 15-year 10 percent on their instrument of a corporation at a regional issue for the eight eighty six seven two hundred thirty five dollar uh seventeen cents ing to the prospect is that their instrument mature on the december 31st of the year 15 at a steady redemption price of the 100 the year maturity is 12 compounded semi-annually so um so basically based on this information we can uh this is the uh we can list this so here the year materiality and the coupon rate that both are the uh for the each payment period rather than the annually so it's six months rather than annual so i know it's um 12 a

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