Tax credit question on bond interest accrual
Investor asks how to handle tax credit for interest paid to bond seller when buying bonds with accrued interest. Explanation uses example of a $1,000 bond bought midyear at 95, with $29 accrued interest and $35 semiannual interest due, showing to report $6 as interest and note $29 payment to previous owner.
MENTIONED IN THIS ARTICLE
Um Shulsky
Internal Revenue Service
IRS
Bridge experts discuss roving specialists in play strategy
In Cromarty Scotland AP report John MacDonald paints his cows with reflective spots to protect wandering cattle on dark mornings. A separate bridge discussion notes South misplays a four spade contract as players debate opening leads and trump management to avoid downing contracts.
MENTIONED IN THIS ARTICLE
Oswald
Him
South
Jim
East
West
King of Hearts
Trump
Cromarty
Scotland
John MacDonald
MacDonald
Evening of Plays Set in McVille
The Black Mask Community Theater of Mechanicsville hosts an informal evening of two one act plays at The Den in Mechanicsville Sunday Dec 14 at 8 p.m. Admission is free. The Sandbox by Edward Atbee and Mannequin's Demise by David Wolf Budbill suit younger audiences and a post show discussion with cast and director follows.
MENTIONED IN THIS ARTICLE
Mechanicsville
Black Mask Community Theater of
Den
Edward Atbee
David Wolf Budbill
Black Mask Community Theater
Fire blamed on youngsters playing with matches
Firefighters responded to a minor blaze blamed on youths who were reportedly playing with matches. The incident damaged external siding of property including bonds and assets valued in the thousands. Officials noted no major structural damage as fire was contained quickly.
MENTIONED IN THIS ARTICLE
Harold Kane
Cincinnati
Owen Street
Consolidated Natural Gas
Merrill Lynch
Pierce
Fenner
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