Page 50 - Interest Income - Individuals Handbook

Choice to report interest in year of trade

 You could have chosen to treat all of the previously
unreported accrued interest on the Series EE or

Series E bonds traded for Series HH bonds as
income in the year of the trade.

 If you made this choice, it is treated as a change
from method 1.
 See Change from method 1, earlier.

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