Thank you for your prompt reply.
Currently, I have only entered the "accrued interest paid on (new bond) purchases" I made in 2023 in the "Report Interest Adjustment" page you have shared above; i.e., the accrued interest included in my 2023 1099-INT form.
Is it OK to also include the accrued interest paid on bonds I purchased in 2022, even if the 2022 accrued interest in not included in my 2023 1099-INT form? The 2022 accrued interest was included in my 2022 1099-INT form, but I did not subtracted it when I file my taxes last year.
If I include the 2022 accrued interest in 2023, then it is not 100% accurate to select the option "My accrued interest is included in this 1099-INT form" because I would be including the 2022 and the 2023 accrued interest paid on bond purchases.
For example, if my accrued interest paid in 2022 was $500, and my accrued interest paid in 2023 was $800, and only the $800 are included in my 2023 1099-INT. Are you saying I can claim ($500 + $800) as accrued interest in 2023 and select the option "My accrued interest is included in this 1099-INT form"?
Thank you in advance for your clarification.
