- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Savings Bonds are not income on the state return.
It was not transferred to income on the State return (as long as you correctly reported it as Saving Bond income on the Federal return). Due to it not being income on the State return, there is no deduction for something that was never reported as income.
The interest that your savings bonds earned is subject to:
federal income tax, but not to state or local income tax.
‎June 4, 2019
11:35 PM