I'm not sure I follow. For clarification, I am using ChIP-seq reads, 40bp long, as a bed file. I am aligning reads to a list of transcription start sites, which is also a .bed file. The TSS list contains the TSS as a 1bp interval. This 1bp interval is extended 1000bp in each direction, creating the "window" in which the reads are aligned. I am unsure of which part of the read is aligned, i.e. the 5' end, the midpoint of the 40bp interval, the midpoint of some extended interval, etc.
Thanks for your willingness to answer my questions. I apologize if I am being unclear.