 accrued interest so accrued interest is kind of the interest has has increased but possibly you haven't received the interest at that point in time so when you buy bonds between interest payment dates and pay accrued interest to the seller this interest this interest is taxable to the seller so if you received a form 1099 for interest as a purchaser of a bond with accrued interest follow the rules earlier under nominees to see how to report the accrued interest but identify the amount to be subtracted as accrued interest so you might end up with a similar kind of situation where the 1099 possibly has to be adjusted obviously you have to tie in the 1099 what's on it to what's on your forms or you're gonna have a problem so if you need to have something different than that you would want to show the detail of of the change