Yeppp..as I already noted...if you paid-out any accrued interest in the year, for any bonds you bought in 2023, then that is also a subtraction....BUT, when you enter those $$ in the adjustments on the follow-up page..... if you do that on a single 1099-INT that has box 1, &or box3, &or box 8 $$ on that one 1099-INT, then TTX software applies the accrued interest improperly in a proportional manner between the values in box 1,3, & 8.
Which is why I indicated you need to create a separate 1099-INT for those separate bond types, whenever accrued interest is paid to the seller when you bought the bond(s).
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
