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I would list the payer as xxx CMB National Trust 177 (where xxx is the number of units of the bond fund you own). If CMB didn't give you cost basis information, I would use the total amount of the proceeds as the basis *IF* you still own the fund *AND* your basis in the fund on the date of distribution was greater than or equal to the amount of the distribution. This results in the distribution being a return of principal with $0 capital gain.

If you no longer own the fund, then enter $0 as the cost basis and the total receipt is a long-term capital gain.

If your remaining basis in the fund is less than this distribution, enter your remaining basis as the basis of this distribution and the result is a long-term capital gain.

Ira
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