I was just given incorrect information on how to report US Treasury I-Bond interest income on my Federal tax return. I cashed in a $10,000 I-Bond on 9/28/23 and received the principal amount of $10,000 plus interest income of $852. The Turbotax Helpdesk said to report the $852 interest income in Box 3 and not Box 1. When doing so, the reported interest of $0.00 on the summary interest page, not $852, thus under-reporting m interest income. So, I entered the $852 in Box 1 only, and that pulled the correct amount of $852 interest into the summary page. The Helpdesk even checked with her Supervisor and continued to give me incorrect advise.
