JG57
Returning Member

Get your taxes done using TurboTax

What if all my bonds are non-taxable municipal bonds? I am getting an accrued interest subtraction on Schedule B, but since the bonds are non-taxable, I think the subtraction would go against non-taxable interest and not appear on the return. Also, how can I determine how the amount is calculated? Nowhere can I find a schedule or calculation worksheet showing how the amount is derived.