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I have some shares in a unit investment trust which invests in municipal bonds. In 2000 one of the bonds matured, and the trust distributed the proceeds. I received a 1099.
I don't know the basis. Tentatively I am expecting to declare it as equal to the proceeds, since the bond matured at par. I know my total basis for the shares, but still own the same 5 shares that I did last year.
Any better ideas? The amount involved is $65, so it is not a big deal.
Thanks, Chris
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