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Deductions & credits
I'm not sure that could ever happen...but yeah, no more than the $$ you receive from that particular bond for that tax year.
I can imagine it might happen occasionally with amortized premium paid Plus accrued interest.
.....but just for accrued interest you paid to the seller...having trouble seeing how that could happen.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎January 9, 2024
2:04 PM