Kenneth acquires $100,000 face value corporate bonds for $86,000 when the bonds are issued.He holds the bonds as an investment for two years and then sells them for $98,000.What tax issues does Kenneth have with respect to these bonds?

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The Answer of Kenneth acquires $100,000 face value corporate bonds for $86,000 when the bonds are issued.He holds the bonds as an investment for two years and then sells them for $98,000.What tax issues does Kenneth have with respect to these bonds?

Kenneth Acquires $100,000 Face Value Corporate Bonds for $86,000 When