1099-INT accrued interest

I don't think this topic has been covered, unless I missed it in the search.

Consolidated Form 1099 from J.P. Morgan contains Form 1099-INT reflecting a number in Box 3, Interest on U.S. Savings Bonds and Treasury Obligations. There is also a page at the end of the 1099 indicating "Supplemental Information, Details of 2019 2019 Fees and Charges." On that page, it indicates 4 payments for accrued treasury interest paid, and a total.

Is that total number supposed to be entered on Schedule B, or elsewhere, as a subtraction?

What it could be: some type of treasury was purchased during the year. After the purchase, the treasury paid interest for some period of time prior to purchase (the accrued interest paid). Your client, the purchaser, paid this interest when client purchased the investment. Box 3 of the 1099-INT shows the total interest paid to your client, including the "accrued interest" prior to ownership. THEREFORE: on schedule B: on the line beneath the interest income, make a negative deduction for the amount of the "accrued treasury interest paid".

Any state implications will also need to be changed accordingly.