@Brad999
I think they are talking about declaring the yearly earned interest in savings bonds (the amount that has accrued, but not actually paid out). The IRS allows you to do that instead of at maturity.....even though it's not required.
I never recommend reporting savings bond interest every year, and just do it at maturity....the record keeping to reporting every year is an absolute mess, and just complicates your tax life.
But that's up to every individual to decide.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
