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.*