Personal Taxes

Market discount on t-note that matures next year

If I buy a t-note in 2023 at a market discount (coupon .5% vs. yield to maturity 4.5%) that matures in 2024, how is the market discount reported on my 1099? Is the total discount reported in 2024 upon maturity, or is it amortized with income reported in both 2023 and 2024? Is this interest income or capital gain? I understand the coupon payments are interest income the year I get them.

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