AmyC
Expert Alumni

Get your taxes done using TurboTax

No, not when matured.  Your will report the year you cashed them in, 2023. The IRS says: 

Question

I cashed some Series E, Series EE, and Series I savings bonds. How do I report the interest?

 

Answer

In general, you must report the interest in income in the taxable year in which you redeemed the bonds to the extent you did not include the interest in income in a prior taxable year. 

@RH1234 

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