Thank you. Do I do so on my returns since he is a dependent. or file a separate return for him even though he did not work?
Yes, the savings bond education tax exclusion permits qualified taxpayers to exclude from their gross income all or part of the interest paid upon the redemption of eligible Series EE and I Bonds issued after 1989, when the bond owner pays qualified higher education expenses at an eligible institution.
Enter Form 1099-INT for Savings Bond interest under:
When you complete entering this form, click "Done" to see the next interview questions regarding how you used this interest (see screenshots below - click to enlarge). When you're finished, TurboTax will determine if you qualify for the exclusion.
Thank you. Do i do so on my tax return since he is a dependent, or do I need to file a return for him since he owned the EE bonds?