You can report the interest income from multiple I Savings Bonds in TurboTax, as a single input or multiple inputs. Here are some options.
If You Received Only One 1099-INT:
- Combine Interest: You can add up all the interest from your I Savings Bonds and report it as a single entry.
- Enter in TurboTax: Use the search box (magnifying glass icon) at the top right, type "Savings Bond," and click on the "Jump to Savings Bond" link. Enter the total interest amount in Box 3 (Interest on U.S. Savings Bonds and Treas.Obligations)
If You Received Multiple 1099-INTs:
- Enter Each 1099-INT Separately: To ensure the amounts match IRS records, enter each 1099-INT form individually.
- Enter in TurboTax: Use the search box (magnifying glass icon) at the top right, type "1099-INT," and click on the "Jump to 1099-INT" link. Enter the details from each 1099-INT form separately
Alternative Option: If you did not receive 1099-INT(s)
- Combine Interest Without Waiting for 1099-INT: If you choose not to wait for the 1099-INT forms, you can combine the interest amounts and report them as a single total. Use the search box, type "Savings Bond," and follow the prompts to enter the combined interest
Refer to the TurboTax Community
