Series 50: Taxing Discount Bonds

Taken from our Series 50 Online Guide

Taxing Discount Bonds

Investors pay taxes on all municipal bonds purchased in the market at a discount. For example, if an investor purchases a municipal bond with a par value of $1,000 at $800 in the secondary market, she will have to pay taxes at her ordinary income rate on this $200 discount when she sells the bond. In other words, this discount will not be tax-

+ Read More

More Series 50 Info

What are people saying?

Create an Account

Since you're reading about Series 50: Taxing Discount Bonds, you might also be interested in:

Series 7 - 18.3.1.1 Applying for FINRA Membership

Series 26 - Customer Identification and Verification

Series 82 - Content Standards

Series 26 - Suitability Account Records

Series 52 - Chapter 2 Practice Question Answers

SIE - Uniform Gifts to Minors Act (UGMA) Accounts

Series 3 - 6.3.1. Price Orders

Series 6 - 2.2.5. Sole Proprietorship Accounts

Series 79 - Function Two

Series 65 - Municipal Bonds

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I passed the Series 50 on the first attempt thanks to Solomon's materials. Although the questions on the exam were much more difficult and complex in structure and format than the Solomon practice exams, the study materials & practice exams did enforce the concepts that the actual exam was testing. Thank you Solomon!!!

Lisa Gesin, Gesin Consulting, Dallas, TX

Many thanks to the fine staff at Solomon Exam Prep. I'm happy to report that I passed the Series 50 Municipal Advisor exam on my first attempt. The written material is extremely thorough and comprehensive. With respect to the online quizzes and final exams, the questions are very comparable in difficulty to the actual exam, thus providing the foundation for success. A special word of thanks to Carson for his encouragement and support.

Tony Chiappetta, Sudsina & Associates, Mars, PA

I had the Series 50 study guide memorized backwards and forwards, but still found the exam to be extremely difficult. I think the study guide still needs a lot of refining to cover more of the exam content, but I sure as heck wouldn't have passed the exam without it. Found the Solomon study guide to be absolutely necessary, but still in need of considerable improvement.

Delaney Ridgley, Raftelis. Charlotte, NC

I haven't taken an exam in about 15 years and I'm happy to report that I passed the Series 50 Municipal Advisor exam on my first attempt. The material was extremely thorough and comprehensive. The online questions, quizzes and exams were very comparable in difficulty to the actual exam, thus providing the foundation for my success. Thank you for your guidance.

J. Mark Chapman, IBIC LLC, Madison, CT

Jeremy and Tim were extremely helpful in helping me get through some of the tricky parts of the Series 50 exam. Your customer service was top notch and I would highly recommend Solomon to anyone sitting for this test.

Joe M, MBS, Inc, Atlanta, GA

I passed . Got an 84 on my Series 50. Solomon's prep material was pretty good. The practice tests were very helpful too. The numerical examples embedded within the theory really helped with the concepts. Made the material easy to read and understand.

Mudra Patel, San Francisco, CA