{
  "id": "ELE_MARKET_DISCOUNT_DE_MINIMIS",
  "name": "De Minimis Market Discount Exclusion",
  "category": "deduction",
  "jurisdiction": "federal",
  "eligibility_type": "profile",
  "eligibility": {
    "description": "Applies automatically if the market discount is below the specified threshold (1/4 of 1 percent of the stated redemption price at maturity multiplied by the number of complete years to maturity).",
    "requires_entity_type": null,
    "min_age": null,
    "max_age": null
  },
  "parameters": {},
  "entity_specific": false,
  "entity_types": null,
  "conflicts": [],
  "actionability": {
    "retroactive_status": "available",
    "retroactive_note": "Automatic — computed on return",
    "forward_status": "available"
  },
  "description": "Treats market discount as zero if it is less than 0.25% of the redemption price multiplied by the years to maturity, effectively allowing the discount to be treated as capital gain rather than ordinary interest.",
  "irc_reference": "IRC §1278(a)(2)(C)",
  "deadline": "",
  "savings_potential": "low",
  "benefits": "investor",
  "discovered_by": "discovery_engine_v1",
  "calculator_implemented": false
}