@JosephS1 @no-name1
I agree it's not needed to break up your 1099-INT ..In MOST situations.
But if you had any "Accrued" Interest to declare on a follow-up page...for bonds bought on secondary market during the year, then you do have to break out the bond-type $$ into their own 1099-INT.
__________________
Example: you have bond interest in boxes 1,3, and 8. And you bought a Muni bond on the secondary market during 2022 for (say) 102, with $100 accrued interest you also had to pay the owner. You need to break out the $$$ in box 8 (&13 if any) into it's own 1099-INT.
IF you don't do that, and enter the accrued interest value on the follow-up page...the $100 will be allocated proportionately (and improperly) to reduce the $$ showing in all three boxes 1,3, & 8.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
