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Annually Reporting I Bond Interest - No 1099
I would like to start reporting interest on my I Bonds annually. I'm basically treating them as a portion of my emergency fund, and I don't want to be hit with a big tax bill if I ever withdraw them.
How do I do this in Turbo Tax? Since I won't have a 1099-INT. Do I just fill out a "dummy" 1099-INT?
If I'm supposed do that approach, what do I put for "FEIN" and "Received From"?
Last Question, which box does interest income from an I Bond go in on the 1099? Box 1 or Box 3?
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‎January 9, 2024
6:51 AM