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@Mitzy20  Explanation about: "note also, that any time you do pay accrued interest for any bonds you buy during the year, then, in the TTX software...you must break out the bond interest type into it's own 1099-INT before declaring the accrued interest you paid when buying that bond type" _____________________ Many folks with 1099-INT forms, they get those forms with a mix of $$ in boxes 1, 3, an 8 $$ in them, and perhaps along with their respective box 11,12,and 13 premium amortization amounts.   When indicating the accrued interest paid on the follow-up page...you may have noticed that the entry didn't specify whether that accrued interest amount was to be applied to the box 1, or 3 or 8 $$.   What TTX software does in this case, is to improperly apportion the accrued interest $$ amount among the box 1, 3 and 8 amounts.    That didn't happen to you since you only had a box 1 (& 11) set of values.   In the future, if you buy any Muni bonds from the same brokerage...they will start issuing a 1099-INT with box 1 (&11) and box 8 (&13) $$ on them.....so at that time you would need separate out the box 8 (&13) $$ to create a separate 1099-INT with ONLY the box 8 (&13) $$ on it before reporting any accrued interest for that Muni bond you bought.....otherwise, some of the accrued interest will be applied to the box 1 $$. ________________   Other:  True, you might have bought your bond in 2024.  Yep, you aren't allowed to declare the accrued interest you paid out until the year in which you actually get your own first interest/dividend payment from that bond.  That can happen for bonds bought in the last 6 months of the year.  Some will still have an interest payment in the same year....some won't happen until the next year.