Mo Q
Returning Member

Get your taxes done using TurboTax

Hi MonikaK1,

Thanks for your quick response.  Yes, I know you can reduce your interest income by the accrued interest

you paid for the bond.  The question is, why did Turbo Tax REDUCE the accrued interest paid on my

Schedule B.   my 1099 accrued interest paid on purchases shows $423 BUT Turbo Tax shows $394 - why?