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@pbtaxpayer 

OK...that is "almost" the way to do if for accrued interest you PAID to the seller when you bought the bond in 2024.

(Now, I don't think this applies to Treasure Zero's, I don't know how to treat those..)

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BUT for regular, Corporate, or Treasury Bonds/Notes, and Munis?

IF your 1099-INT has a combination of box1, 3, and 8 $$  reported on it, and you enter the accrued interest you paid on the follow-up page?   Then the $$ are improperly applied proportionately against the $$ in boxes 1, 3, and 8.

Thus, for any year you buy a bond or MUNI, and pay accrued interest with the purchase, you must manually break up that 1099-INT into Up-To 3 separate 1099-INT forms.

Thus box 1, 11, and any accrued interest for corporate bonds are on reported one 1099-INT

.....box 3, 12, and any accrued interest you paid for US Govt bonds on a second 1099-INT

....box 8, 13 , and any accrued interest you paid on any MUNI bonds you bought on a third 1099-INT.

Of course, if you only bought (say) some Muni's during 2024, then you'd only need to take out the 8 & 13 $$ into their own 1099-INT to report the accrued interest you paid for those.

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A complication to all that is that IF the bond you bought in 2024, does not actually pay out interest to YOU in 2024...then you have to wait until 2025 taxes to report the accrued interest you paid out to buy that bond.  i.e. you are only supposed to offset the accrued interest you paid for the bond, in the year you actually get some interest from it.   (buy a Muni in Nov of 2024..pays interest to you in say Feb of 2025....you offset that with your 2025 tax filing).  I use a spreadsheet to keep track of which year I cand declare the accrued inters I paid.

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Someday...I hopelessly pray...that someday, on the follow-up page where the software asks about the accrued interest you paid...that they (TTX software folks) will provide 3 separate lines...one for Corporate bond purchased, one for Treasuries, and one for Muni's, so that we don't have to be messing with the separate 1099-INT forms.