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Get your taxes done using TurboTax
My knee jerk reaction would be that you have to wait until the year you get the first interest payment from that new bond purchase position. Pretty sure each purchase would have to be dealt with separately, at least for that particular purpose.
But I can't immediately point to any publication rules which deal with that specifically.
Maybe someone else has better knowledge, or a reference.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎June 30, 2023
5:56 AM