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Can I Claim Accrued Interest Paid on Bonds a Year Later?
I purchased five different US Treasury Bonds in 2022; and I started receiving interest payments from these 5 bonds in 2022. However, I did NOT subtract "Accrued Interest Paid on Purchase" for these bonds in form 1099-B in my 2022 Taxes.
Since I also received interest payments from these five bonds in 2023, can I subtract the "Accrued Interest Paid on Purchase" for these bonds using from 1099-B in my 2023 tax return?
Thank you in advance.
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‎February 20, 2024
4:42 PM