Regarding my 2024 federal tax return, when entering "accrued interest paid on purchases" pertaining to U.S. Treasury Bonds and Notes, as the purchaser, do I use the following from the 2024 Turbo Tax Deluxe drop down menu to explain why I am reducing the amount of interest paid on the treasuries, "My accrued interest is included in this 1099 INT"? If not, which one from the drop-down menu should I use?
Please note, I have already put the interest received from the treasuries in its own dedicated 1099 INT in Turbo Tax, therefore, there will be no comingling of the interest reduction among other types of interest earnings (i.e., CDs, etc.).
I look forward to a reply. Bill 452
I look
