Of course I need to declare it. I'm not talking about declaring the interest from the 1099-INT boxes, I'm talking about the accrued interest from buying a bond between coupon dates. That interest is not on the 1099. It's part of the supplemental tax info and that interest is deductible. In my case, since the interest on the 1099 is not taxable, I can't deduct the accrued interest.
Rich
