Thank you for your answer. I have a few follow up questions:1. By the definition for the "accrued interest paid," isn't it true that one can't have an accrued i...
Accrued interest needs to be prorated between taxable and tax-exempt interest makes sense, if it derived from both types of bonds. However, the Turbotax also re...
Thanks. I am not very familiar with bonds. So, I need more clarifications. I am under the impression that when bonds were purchased from their original issuers,...
Thank you for your response. By doing so, the system assumes that the total accrued interest included payment to both taxable and tax-exempted bonds. However, i...