I redeemed many Series EE savings bonds with some issue dates prior to 12/31/1989 and some after. All proceeds were used for educational expenses. Interest was reported on the 1099-INT as a lump sum. Do I need to break out the interest for bonds issued prior to 1990 so that interest can be taxed? It’s my understanding that interest on bonds issued after 12/31/1989 is exempt from federal income tax if used for educational expenses. If I need to break this out, how do I do this in Turbo Tax?
