No....you don't have to report it if you are going to defer until it is either redeemed or it matures (30 yrs). (nor amend anything for 2022 if you didn't put any interest for it into your 2022 tax file in the first place)
Deferring it is usually preferred by most people (and myself), because if they decide to report it every year...they have to keep meticulous spreadsheet records as to how much is being reported each year...and with I-bond interest changing every 6 mos...that gets really messy !
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
