Page 30 - Interest Income - Individuals Handbook

Accrued Method Taxpayers

Accrued

 If you use an accrual method of

accounting, you must report interest on
U.S. savings bonds each year as it
accrues. You can't postpone reporting

interest until you receive it or until the
bonds mature. Accrual methods of

accounting are explained in chapter 1
IN under Accounting Methods

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