how to record bond exchange w/o basis change

Larry Evans cppljevans at suddenlink.net
Tue Feb 17 10:03:07 EST 2015


My broker changed shares of one bond(call it bondA),
with another(call it bondB) 1 for 1 in middle of 2014.
I could record the exchange as sell bondA and buy bondB
with the proceeds; however, wouldn't this require
capGains to be calculated for bondA and then a new basis
for bondB recorded for middle of 2014?

How can GC handle this?

-regards,
Larry




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