Deductions & credits
No, the accrued interest will not be imported.
Yes, you should report it since it reduces your taxable income.
BUT
You will need to create two 1099-INT forms
......one with the box 1 and 11 $$, and a second one with the box 3 and 12 $$.
The accrued interest you paid when you bought the bonds, needs to be reported just on the particular 1099-INT for which you received interest.
For example: if you paid accrued interest on buying a US Treasury bond, then that gets reported on the 1099-INT which had the box 3 $$ on it.
________
Where is it reported? When you enter the 1099-INT,
On a page AFTER the main form page there is a page with some checkboxes
...you check the box indicating you need to adjust the interest reported.
...........then a page or two later, you will get a box to enter the accrued interest you paid to buy the bond(s) (see below):
____________
(Picture from desktop software...but Online Q&A looks similar)
