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Latest revision as of 20:33, 24 August 2026

Note: The author is yet it will help CPA or tax technician. This article is for general information purposes, and needs to not be construed as tax professional guidance. Readers are strongly asked to consult their tax professional regarding their personal tax situation.

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B) Interest earned, despite the fact that paid, throughout a bond year, must be accrued at the conclusion of the bond year and reported as taxable income for the calendar year in which the bond year ends.

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