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Inherited savings bond
I have several questions regarding an inherited savings bond. My mother passed in July 2019. She had a savings bond that she had purchased naming my father as POD who passed away in 2002. She did not report accrued interest on the bond. I am the executor of the estate and I cashed out the bond and it went into my mothers estate account. The estate received the money in 2020.
1. How do I report the interest received in 2020?
2. Do I need to get a 1099-INT ?
Thanks
‎April 1, 2020
11:31 AM