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Accured Interest purchased entered in step by step does not agree with amount on TT Federal Schedule B
The amount I entered on the TT step-by-step program for accrued interest purchased ($1070) shows up on Schedule B as $954.10. I received more than $1070 in interest income from these investments in 2023 so there should be no limitation on the amount of accrued interest allowable as a deduction. How do I fix this?
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‎February 27, 2024
10:20 AM