Your answers are helpful but I need a bit more detail. (using TT for 2022)
1) when I get to the page that says "Let's get your 1099-Int or brokerage statement details" there is a checkbox that says "my form has info in more that just box 1". Well, obviously I have no form because I am reporting accrued interest, but if I check that box the full 1099-int appears and I'm wondering if I should enter the accrued interest in box 3 which is "Savings bonds and treasure int". my I-bonds are both savings bonds and treasury interest so it would seem like I should check the box and enter the interest in box 3. yes?? no??
2) Assuming for the moment that I don't check the box and just enter the interest in the field for box 1 and click continue, I understand from your reply that I should then check the box for "need to adjust the taxable amount." and click continue. I do that and TT shows the "Report Interest Adjustment" page where I am asked to enter the amount of the adjustment (which could be negative or positive) and to give a reason for the adjustment.
What should I enter for the Adjustment? $0? The amount of accrued interest? positive or negative? And what reason should I check for the adjustment?
Thanks in advance!!
