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Get your taxes done using TurboTax
If you receive a 1099-INT to report Bond Interest, after entering your 1099-INT, Continue to 'Tell Us if any of these Uncommon Situations Apply' (might be a couple screens in).
Choose 'we need to adjust the taxable amount'. On the next page titled, 'Report Interest Adjustment', you can enter an interest adjustment for Accrued Interest Paid.
Here's more info on Accrued Interest Adjustment.
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‎February 20, 2024
5:32 PM