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T-bills when interest is reported?

By Terry Savage on September 22, 2022 | Chicken Money

i’m buying a 6 month t-bill next week. Will the interest be part of my 2022 income for the IRS i.e. purchase date, or will it be part of my 2023 income, i.e. at maturity date.

Terry Says

Since it will arrive in your account immediately, it will be considered 2022 income.

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