A local municipal bond underwent a "determination of taxability" in 2012, and was found to be no longer tax exempt. If interested, this link may or may not take you to the bond. Disclosure notice dated May 17 2012 says the interest is now taxable: http://emma.msrb.org/SecurityView/SecurityDetailsARD.aspx?cu... The bond is in my brokerage account, so I assume its still held in "street name." I got my 2013 1099-INT from my broker, and the interest paid to me from this bond is listed as Tax-Exempt on line 8. I called the issuer, Bank of Ok, and they said the interest is taxable. I called the broker, and emailed him a copy of the disclosure notice. He said the bond is still listed as tax exempt on the site that he uses. Soooo...if my broker does not submit a revised 1099INT, do I just fill in the blanks on turbo tax from the existing 1099 INT with no changes? Or am I supposed to move the amount on Line 8 Tax Exempt Interest up to Line 1 Interest Income?
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