TaxGuyBill
		
		
		
		
		
		
		
		
	
			
		
		
			
					
		
	
	
			Level 15
		
	
				
		
	
		
			
    
	
		
		
		01-20-2021
	
		
		04:11 PM
	
	
	
	
	
	
	
	
	
	
	
	
	
	
		
	
				
		
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I want to post a potential correction to my prior answer.
If I understand things correctly, it should be entered as tax-exempt income on the tax return. That is because it DOES affect your Basis.
Can anybody confirm that for me?