Thank you. I understand for 2022 but how do I handle it in 2023 when interest is received? Not concerned with state tax effect, just trying to minimize the Modified Adjusted Gross Income calculation used on the federal return to determine future medicate premiums, etc... Can the accrued interest be used to reduce the total amount of coupon interest received in 2023? Otherwise the amount of MAGI is overstated in 2023.
