Municipal Bond De Minimis Less Than 1 Year to Maturity
Does the Municipal Bond De Minimis rule apply to bonds with less than 1 year to maturity? Not a bond originally issued for less than a year, but say a bond that had an original maturity of 10 years issued in 2013 purchased in 2023 with 6 months to maturity. If so, is the de minimis cutoff still 0.25%?
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