Bond (corporate)




Report a corporate bond and income from the bond in Part 6.

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Description

EIF

Value

Income Type

Income Amount

1

Xylophone Technologies Corporation, bonds

N/A

$15,001 - $50,000

interest

$201 - $1,000

2

Widgets Unlimited, bonds

N/A

None (or less than $1,001)

interest, capital gains

$1,001 - $2,500

For You, Your Spouse, and Your Dependent Children

Part 6

Report a corporate bond if the value of the bond was more than $1,000 at the end of the reporting period or if more than $200 in income was received during the reporting period.

DescriptionProvide the name of the corporate issuer (e.g., “Xylophone Technologies Corporation”) and identify the asset as a bond.  You do not need to include the terms of the bond.

EIFSelect “N/A.”

ValueReport the value of the bond by selecting the appropriate category.

Income Type:  Specify the type(s) of income if the total amount of income received during the reporting period exceeded $200.  Bonds normally produce interest income but may also produce capital gains if sold.

Income Amount:  Select the category corresponding to the total amount of income received during the reporting period.

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