Spring-Fever
Returning Member

State tax filing

Yeah.  It was a 20 year T-bill payable every 6 months bought on the secondary market.  Therefore, since I was nearly 2 months into the interest payment cycle, I had to purchase the interest for the time the other person owned it.  As you said, I made a separate 1099-INT for the T-bill and checked the needed adjustment for accrued interest.  That way I only paid tax on the interest that I earned for the 4 months.  Turbo Tax should have been much better with guidance to do exactly what I did.  By the way, Google AI correctly gave the answer, then I saw your post.  Thanks anyway.