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Reporting interest on long lost and now found Savings Bond
I recently found a record of a long lost paper EE Savings Bond that belonged to my deceased father. He died in 2003 and his estate was settled a couple years later. The bond reached its final maturity in 2016. We completed the paperwork and received payment for the bond this month. I know that we will need to report all of the interest as income. Do we simply report it as being received this year? File an amended 2016 return? Something else? Any input will be appreciated.
May 5, 2021
5:44 PM