bond accretion

Jim H — Mon, 23 Feb 2026 11:20:38 GMT

My brokerage 1099-B has a section labeled, "unrealized cost basis information for securities subject to amortization/accretion". In it is a list of treasury bills I purchased in 2022. There is an "original cost basis" column which I understand. There is also an "amortization/accretion" column with subheadings "year-to-date" and "life-to-date". These columns are all zeros. I assume these columns will have figures next year as the treasuries approach or reach maturity. Do I need to enter any of this information in my 2022 Turbotax return? If so, where?

Re: bond accretion

GeorgeM777 — Tue, 28 Feb 2023 21:34:09 GMT

No, as the amounts are zero. In the event you sold your treasury bills prior to the bills maturing, then amortization/accretion might be relevant. Additionally, if you had amounts under the amortization column, then part of the amortization could be used to offset some of the interest income you received. Regarding accretion, if you had purchased the treasury bill at a discount to its face value, then accretion may relevant as the bond matures. However, because both amounts are zero there is nothing to enter. Keep your records, because you may need to refer back to them next year.

@Jim H

topic bond accretion in Deductions & credits

bond accretion

Re: bond accretion