What I don't understand is this. If all the older savings bonds have matured.... they are not gaining any more interest. Is that a Correct Statement?
So if the OP held the old bonds for, lets says, 8 years.... he isn't gaining anything, until he cashes the bonds in. At which point in time... I can see reporting all of them on your tax return in the year that they were all Cashed. (2024)
I don't see why you have to go back and make amended returns for the years that they matured. He hasn't gained anymore interest and He didn't take payment of the bonds until January 4, 2024. Which he should be able to report by April 2025.
