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I paid accrued interest in 2018 on a bond, the interest income won't occur until 2019. How do I enter when the accured interest paid exceeds interest income ?
the situation will credit negative interest income.
On a state return if this is tax free income , it would show as negative interest income to be added back for tax free income- how does Turbo tax handle- I keep getting error message that income has to exceed expense
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‎June 1, 2019
12:10 PM