Question: Brad ( 5 3 ) purchased a $ 1 2 , 0 0 0 , 1 3 - week Treasury bill as a short -

Brad (53) purchased a $12,000,13-week Treasury bill as a short-term investment. He paid $10,960 for the security, which was issued on July 17,2024. When the bill matured on October 16,2024, Brad received $12,000. How is the $1,040 in interest that he earned on this investment reported on his return?

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